An unplanned decrease in inventories results in
A) actual investment that is greater than planned investment.
B) an increase in planned investment.
C) actual investment that is less than planned investment.
D) a decrease in planned investment.
C
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Georgine buys more sweaters when her income increases. For Georgine, sweaters are
A) a substitute. B) a complement. C) an inferior good. D) a normal good.
A tech company loses a high-profile patent-infringement case against its top competitor. Which of the following is true?
a. Demand for the company's stock decreases, while the price of a share falls. b. Demand for the company's stock decreases, while the price of a share rises. c. Supply of the company's stock decreases, while the price of a share falls. d. Supply of the company's stock decreases, while the price of a share falls.