If French consumers spend 720 billion euros on consumption goods but French producers only produced 700 billion euros of consumption goods, then
a. French exports must have increased by 20 billion euros
b. wanted inventories in France end up sold as consumption goods
c. actual investment will be more than intended investment
d. actual investment will be the same as intended investment
e. intended investment will be realized
B
You might also like to view...
In response to the financial crisis of 2007 and the ensuing recession, the Fed announced three rounds of "quantitative easing," where the Fed purchased billions of dollars of securities
What impact would quantitative easing have on the monetary base? A) The monetary base would increase. B) The monetary base would decrease. C) The monetary base would not change. D) While the monetary base would change, it is impossible to predict in which direction.
The simple quantity theory of money predicts that the larger the percentage change in the money supply, the larger the percentage change in Real GDP
Indicate whether the statement is true or false