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 in equilibrium, it is at a level of aggregate ... (Read 126 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Mar 16, 2019

Question 1

Figure 12-1









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


◦ J.
◦ K.
◦ L.
◦ Points J, K and L all represent equilibrium.
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 abern on Mar 16, 2019

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
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 50% of students answer this correctly


abern

  • Hero Member
  • *****
  • Posts: 533
Reply #2 on: Mar 16, 2019
Excellent


Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Reply #3 on: Mar 16, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
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 ...
Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ... Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ...
Changes in the Level of Education, 1975-2010 Changes in the Level of Education, 1975-2010
How much voltage does the resistor drop in Figure 10-2? How much voltage does the resistor drop in Figure 10-2?
Video: Inflammation and Fever

For a complete list of videos, visit our video library