This topic contains a solution. Click here to go to the answer

Author Question: At the equilibrium level of real GDP, which of the following is true? a. Unplanned inventory ... (Read 28 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
At the equilibrium level of real GDP, which of the following is true?
 a. Unplanned inventory investment is positive.
  b. Unplanned inventory investment is negative.
  c. Aggregate output equals aggregate expenditures.
  d. Aggregate output plus consumption spending equals aggregate expenditures.

Question 2

Barter is the:
 a. direct exchange of goods and services.
  b. exchange of goods, but not services.
  c. system that does not depend on a coincidence of wants.
  d. system used in advanced economies.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peter

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

c

Answer to Question 2

a




peter

  • Sr. Member
  • ****
  • Posts: 330

 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library