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Author Question: Assuming that C + Ir + G < C + I + G, then a. there is an unintended inventory accumulation. ... (Read 49 times)

segrsyd

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Assuming that C + Ir + G < C + I + G, then
 
  a. there is an unintended inventory accumulation.
  b. there is an unintended inventory shortfall.
  c. aggregate demand is less than output.
  d. Both b and c

Question 2

A pure positive income shock leads to
 
  A) an increase in leisure and consumption.
  B) an increase in leisure and work.
  C) an increase in work and consumption.
  D) an increase in leisure and taxes.



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komodo7

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Answer to Question 1

D

Answer to Question 2

A




segrsyd

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Reply 2 on: Jun 30, 2018
Wow, this really help


smrtceo

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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