When an expansion is triggered by a(n) ________ in autonomous expenditure, the economy turns the corner into ________, and aggregate planned expenditure exceeds real GDP. Firms' inventories ________
A) increase; recession; decrease
B) increase; recession; increase
C) increase; expansion; increase
D) increase; expansion; decrease
E) decrease; expansion; decrease
D
Economics
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Refer to the table above. What is the marginal benefit that Jenny derives from the second unit of chocolate?
A) $0 B) $8 C) $9 D) $18
Economics
A situation in which the price charged is greater than society's opportunity cost would lead to
A) market failure. B) marginal monopoly pricing. C) marginal profits. D) marginal cost pricing.
Economics