Author Question: Refer to the above figure. If real GDP is 4 trillion, then A) actual investment spending equals 1 ... (Read 34 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
Refer to the above figure. If real GDP is 4 trillion, then
 
  A) actual investment spending equals 1 trillion as planned investment spending plus unplanned inventory increases equal 1 trillion.
  B) consumption expenditures are too low.
  C) unplanned inventories will decrease.
  D) unplanned inventories will increase.

Question 2

Which of the following causes autonomous consumption to decrease?
 
  A) a decrease in consumer income
  B) consumers becoming more optimistic about future decreases in the price level
  C) an increase in average family size
  D) consumers becoming more thrifty



tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
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?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library