What is the macroeconomic consequence if firms accumulate large amounts of unplanned inventory at the beginning of a recession?
What will be an ideal response?
Firms will decrease production until they sell unintended inventories.
Economics
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The three acts that form the basic machinery behind the U.S. anti-trust laws are the Sherman Act of 1890, the Federal Trade Commission Act of 1914, and the Robinson Patman Act of 1836
Indicate whether the statement is true or false
Economics
Which of the following would favor a trade surplus?
A. A musician selling a copyright. B. The government attempting to sell bonds. C. An importer of automobiles D. Someone buying stocks.
Economics