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Author Question: Firms in a small economy anticipated that inventories would grow over the past year by 750,000, and ... (Read 97 times)

nramada

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Firms in a small economy anticipated that inventories would grow over the past year by 750,000, and over that year, inventories grew by exactly 750,000. This implies that
 
  A) aggregate expenditure was greater than GDP that year.
  B) there was an unplanned decrease in inventories that year.
  C) there was an unplanned increase in inventories that year.
  D) aggregate expenditure and GDP were equal that year.

Question 2

The equilibrium wage and quantity of labor in the market for skilled workers is determined by
 
  A) the demand and supply of labor.
  B) the strength of labor unions.
  C) the market value created by the output of these skilled workers.
  D) the monopsony power of firms.


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bigcheese9

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nramada

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Reply 2 on: Jun 29, 2018
Wow, this really help


31809pancho

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Reply 3 on: Yesterday
:D TYSM

 

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