In the Keynesian model, an unwanted decrease in inventories leads to
A) falling interest rates.
B) rising unemployment.
C) rising output.
D) falling money wages.
C
Economics
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The change in fixed costs over the short run is seen in the behavior of marginal costs
Indicate whether the statement is true or false
Economics
Following adjustments to a new equilibrium in a market, the market clearing price remains unchanged, but the equilibrium quantity is now lower. Which of the following could definitely have caused this outcome?
A) Demand and supply both increased. B) Demand and supply both decreased. C) Demand increased, and supply decreased. D) Demand decreased, and supply increased.
Economics