If aggregate demand is less than the level of aggregate output, then ________ inventory investment will be ________

A merger between two companies in unrelated fields of business

A) will always lead to economies of scale. B) will generally increase the value of the unified firm compared to the value of the two companies before the merger because of the benefits of diversification. C) may not have any synergistic effects. D) will necessarily lead to an increase in the market power of the merged company.

Adverse shocks such as the crop failures of 1972-1973 and the oil price increases of 1974 and 1979 pushed the economy's

a. aggregate supply curve outward. b. Phillips curve inward toward the origin. c. aggregate supply curve inward. d. aggregate demand curve inward.