If an unintended increase in business inventories occurs at some level of GDP, then GDP:
A. entails a rate of aggregate expenditures in excess of the rate of aggregate production.
B. may be either above or below the equilibrium output.
C. is too low for equilibrium.
D. is too high for equilibrium.
D. is too high for equilibrium.
Economics
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When using expert opinion, consumer surveys, test marketing, and price experiments to analyze consumer behavior, managers must consider whether the answers given in these formats represent actual market behavior
Indicate whether the statement is true or false
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Shocks to the macroeconomy will cause a change in the equilibrium real interest rate, except ________
A) permanent supply shocks B) aggregate demand shocks C) temporary supply shocks D) all of the above E) none of the above
Economics