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Author Question: In the income-expenditure framework, if planned aggregate expenditures are less than real gross ... (Read 70 times)

casperchen82

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on: Jun 30, 2018
In the income-expenditure framework, if planned aggregate expenditures are less than real gross domestic product (GDP), _____.
 a. saving will increase
 b. the price level will increase
  c. inventories will increase
 d. inventories will decrease
 e. consumption will decrease

Question 2

The social marginal cost curve is higher than the private marginal cost curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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gstein359

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


casperchen82

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jackie

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Reply 3 on: Yesterday
Wow, this really help

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