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Author Question: Refer to Figure 12-1.If the economy is in equilibrium, it is at a level of aggregate ... (Read 135 times)

abern

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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
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Marked as best answer by abern on Mar 16, 2019

Sweetkitty24130

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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.
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abern

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Reply #2 on: Mar 16, 2019
Excellent


Sweetkitty24130

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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