A private closed economy will expand when:
A. actual GDP is less than potential GDP.
B. unplanned decreases in inventories occur.
C. aggregate expenditures are less than GDP.
D. unplanned increases in inventories occur.
B. unplanned decreases in inventories occur.
Economics
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A slowing U.S. economy and increased enforcement of immigration laws will reduce ________ factors for Mexican immigration to the United States
A) demand growth B) demand pull C) supply push D) supply growth E) network
Economics
For the level of output, Q, firm profit is the same whether measured by TR – TC or (AR – AVC) * Q
Indicate whether the statement is true or false
Economics