Author Question: Refer to the information provided in Figure 23.10 below to answer the question(s) that follow. Refer ... (Read 31 times)

K@ · **Reply #10 on:** Apr 19, 2019

Question 1

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.

Refer to Figure 23.10. There is a $100 million unplanned decrease in inventories at an aggregate output level of

◦ $500 million.
◦ $1,000 million.
◦ $1,200 million.
◦ > $1,200 million.

Question 2

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.

Refer to Figure 23.10. Unplanned inventories increase and output decreases when aggregate output is

◦ $0.
◦ $500 million.
◦ $1,000 million.
◦ > $1,000 million.