If AE < Y, which of the following will NOT occur?
A) inventories will decline
B) actual investment will be more than planned investment
C) employment will decline
D) GDP will decline
A
Economics
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Refer to the above figure. The market equilibrium quantity is Q1. Point Q2 represents the optimal amount of production. This indicates that there is
A) a public good which should be produced. B) regressive taxation of the product. C) a positive externality. D) a negative externality.
Economics
A brand name can affect a firm's
A) price elasticity of demand B) average total cost curve C) normal profit D) balance sheet
Economics