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Author Question: Changes in business inventories will be negative when A) production exceeds sales. B) production ... (Read 73 times)

Arii_bell

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on: Jun 30, 2018
Changes in business inventories will be negative when
 
  A) production exceeds sales.
  B) production is less than sales.
  C) a trade surplus exists.
  D) a budget surplus exists.

Question 2

If GDP is more than GNP, we know with certainty that
 
  A) a budget deficit exists.
  B) a trade surplus exists.
  C) a trade deficit exists.
  D) none of the above


tkempin

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


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