If inventories unexpectedly rise, then production _ sales and firms will respond by output. a. trails;

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If inventories unexpectedly rise, then production _________ sales and firms will respond by ________ output.

a. trails; expanding

b. trails; reducing

c. exceeds; expanding

d. exceeds; reducing

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Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Mar 02, 2024 01:00 PM

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If inventories unexpectedly rise, then production _________ sales and firms will respond by ________ output. a. trails;

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Answer The correct answer is b trails reducing Explanation When inventories unexpectedly ris...View the full answer

Macroeconomics

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If inventories unexpectedly rise, then production _ sales and firms will respond by output. a. trails;