In the Keynesian model a recessionary gap will develop if there is:

In the aggregate expenditures model, if an economy operates above equilibrium GDP, there will be:

a. unplanned inventory depletion. b. an increase in GDP. c. a decrease in employment. d. an increase in employment.

If Education R Us University thought that it faced an inelastic demand for the regular academic year but an elastic demand for summer school, and it wanted to increase its total tuition revenue, it would want to____ tuition in the regular academic year and ____ tuition for summer school a. Increase; increase

b. Increase; decrease. c. Decrease; increase. d. Decrease, decrease.