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 increase
D) GDP will increase
B
Economics
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Officers of five large building-materials companies meet and agree than none of them will submit bids on government contracts lower than an agreed-upon level. This is an example of:
a. price fixing. b. vertical restriction. c. a tying contract. d. an interlocking directorate.
Economics
If consumption spending increases by $10 million with no changes in net taxes, then:
A. private saving decreases. B. public saving increases. C. private saving increases. D. public saving decreases.
Economics