This topic contains a solution. Click here to go to the answer

Author Question: In the aggregate expenditures model, if aggregate expenditures (AE) equals 7 trillion and GDP equals ... (Read 115 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
In the aggregate expenditures model, if aggregate expenditures (AE) equals 7 trillion and GDP equals 8 trillion, then inventory accumulation equals 1 trillion.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A majority of the commercial banks in the United States are members of the Fed.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chereeb

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

True

Answer to Question 2

False





 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library