Author Question: If firms find that consumers are purchasing less than expected, which of the following would you ... (Read 210 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
If firms find that consumers are purchasing less than expected, which of the following would you expect?
 
  A) The economy will adjust to macroeconomic equilibrium as inventories rise, and production and employment rise.
  B) Aggregate expenditure will likely be greater than GDP.
  C) The economy will adjust to macroeconomic equilibrium as inventories fall, and production and employment rise.
  D) Aggregate expenditure will likely be less than GDP.

Question 2

During the turmoil in the market for subprime mortgages in 2007 and 2008, the Fed increased the volume of discount loans. The goal of the Fed was to
 
  A) reduce unemployment.
  B) stimulate economic growth.
  C) reduce the rate of inflation.
  D) reassure financial markets and promote financial stability.
  E) reduce the current account deficit.



lin77x

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library