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

Author Question: Assume an economy is in equilibrium at an output level of $1,600 billion. If government purchases ... (Read 69 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Apr 19, 2019

Question 1

Assume an economy is in equilibrium at an output level of $2,000 billion. If government spending decreases by $500 billion, then at the output level of $2,000 billion, there is


◦ an unplanned rise in inventories.
◦ an unplanned fall in inventories.
◦ an unplanned inventory change of zero.
◦ either an unplanned increase or decrease in inventories depending on the value of the 
MPC.

Question 2

Assume an economy is in equilibrium at an output level of $1,600 billion. If government purchases increase by $200 billion, then at the output level of $1,600 billion, there is


◦ an unplanned increase in inventories.
◦ an unplanned inventory change of zero.
◦ an unplanned decrease in inventories.
◦ either an unplanned increase or decrease in inventories depending on the value of the 
MPC.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tingc95 on Apr 19, 2019

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Apr 19, 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 25% of students answer this correctly


tingc95

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Apr 19, 2019
Thanks


fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Chemical equilibrium and the law of mass action. Chemical equilibrium and the law of mass action.
Sea-Level Rise Sea-Level Rise
The mole fraction of oxygen in dry air near sea level is 0.20948, where the molar mass of ... The mole fraction of oxygen in dry air near sea level is 0.20948, where the molar mass of ...
The Hardy–Weinberg equilibrium for autosomal genes The Hardy–Weinberg equilibrium for autosomal genes
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library