This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If total planned expenditures exceed real GDP, the economy will contract, causing production of ... (Read 81 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
If total planned expenditures exceed real GDP, the economy will contract, causing production of goods and services to decrease and unplanned inventories to rise.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following events would cause an upward movement along the demand curve for olives?
 a. The number of people who purchase olives decreases.
 b. Consumer income decreases, and olives are a normal good.
 c. The price of pickles decreases, and pickles are a substitute for olives.
  d. The price of olives rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
The Production Function The Production Function
Who is the “real” Beyoncé—doting mother or Sasha Fierce? Who is the “real” Beyoncé—doting mother or Sasha Fierce?
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library