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Author Question: In the aggregate expenditures model, if aggregate expenditures (AE) equals 7 trillion and GDP equals ... (Read 80 times)

wrbasek0

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In the aggregate expenditures model, if aggregate expenditures (AE) equals 7 trillion and GDP equals 8 trillion, then inventory accumulation equals 1 trillion.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A majority of the commercial banks in the United States are members of the Fed.
 a. True
  b. False
  Indicate whether the statement is true or false



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chereeb

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Answer to Question 1

True

Answer to Question 2

False





 

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