If inventory levels are decreasing, then we should expect business firms to
a. decrease prices.
b. decrease output.
c. lay off workers.
d. increase output.
d
Economics
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In which of the following scenarios would the Gini coefficient measure zero?
a. People earn the same income. b. John receives a wage of $1 per hour. c. The king ends up with all the nation's income. d. There is a one-to-one ratio of income to population. e. 100 percent of the income is held by 100 percent of the population.
Economics
Some employers allow new employees to delay their investment in a retirement account for a year or two. This approach puts the cost of saving for retirement in the ________ and the benefit of saving in the ________.
A. present; present B. present; future C. future; present D. future; future
Economics