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Author Question: Goods that have been produced but not yet sold are referred to as A) capital goods. B) ... (Read 97 times)

JGIBBSON

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on: Jun 29, 2018
Goods that have been produced but not yet sold are referred to as
 
  A) capital goods. B) inventories. C) understocks. D) pre-sold goods.

Question 2

Refer to Figure 24-1. Ceteris paribus, a decrease in the value of the domestic currency relative to foreign currencies would be represented by a movement from
 
  A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.


mjbamaung

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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