Using the information in Situation 20-1, if aggregate output is equal to $10,000, then unplanned inventory investment equals

Teenagers are usually the demographic group with the highest unemployment rates

a. True b. False Indicate whether the statement is true or false

In a large open economy, the home country's saving and investment equations are: Sd = 200 + 700rw and Id = 300 - 200rw. The foreign country's saving and investment equations are: Sd = 50 + 300rw and Id = 75 - 50rw. In equilibrium, the world real interest rate =

A. 0.40. B. 0.25. C. 0.20. D. 0.10.