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

Author Question: Refer to Figure 12-1.If the economy is at a level of aggregate expenditure given by pointK, (Read 72 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Mar 16, 2019

Question 1

Figure 12-1









Refer to Figure 12-1. If the economy is at point L, what will happen?


◦ Inventories have fallen below their desired level, and firms decrease production.
◦ Inventories have fallen below their desired level, and firms increase production.
◦ Inventories have risen above their desired level, and firms decrease production.
◦ Inventories have risen above their desired level, and firms increase production.

Question 2

Figure 12-1









Refer to Figure 12-1. If the economy is at a level of aggregate expenditure given by point K,


◦ the economy is in equilibrium.
◦ production is greater than spending.
◦ production is less than spending.
◦ inventories will increase above their desired level.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by penguins on Mar 16, 2019

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 60% of students answer this correctly


penguins

  • Hero Member
  • *****
  • Posts: 903
Reply #2 on: Mar 16, 2019
TY


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Mar 16, 2019
You're welcome


« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th
Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
Some vehicles use a surge tank, which is located at the highest level of the cooling system, with ... Some vehicles use a surge tank, which is located at the highest level of the cooling system, with ...
Many U.S. regions under threat due to changes in sea level Many U.S. regions under threat due to changes in sea level
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Aggregate Fruits: Blackberry Aggregate Fruits: Blackberry
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library