Question: A) select one : greater or less. B) select one: unplanned increase or unplanned decrease. C) select one : increasing or decreasing. E) select one:

A) select one : greater or less.

B) select one: unplanned increase or unplanned decrease.

C) select one : increasing or decreasing.

E) select one: unplanned increase or unplanned decrease.

A) select one : greater or less.B) select one: unplanned increase or

unplanned decrease.C) select one : increasing or decreasing.E) select one: unplanned increase

The following diagram shows the aggregate expenditure schedule for the economy and the equilibrium condition on the 45 degree line. Round all answers to the nearest whole number. 912151321242730333639 HealGDPandlnoome If output is K, planned expenditure would be -. Planned expenditure would be output. b) What is the size of the unplanned change in inventories at output K. b) What is the size of the unplanned change in inventories at output K. ess The (Select one) in inventories amounts to 0 c) How will business firms respond to this situation? Business firms will respond by (Select one) output. d) What is the equilibrium income and expenditure? Equilibrium level of output and expenditure = 0 e) Suppose output is at J, is there an unplanned change in inventories? By how much? There would be (Select one) in inventories in the amount 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Please solve this question: A) (select one) greater or less ? B) (select one) unplanned increase or unplanned decrease ? C) (select one) increasing or decreasing ? E) (select one) unplanned increase...

Although the mechanics of central bank interventions in the global currency markets may vary from country to country, the goal is always the same, to .. the demand for one currency by .. the supply...

1. When the allowance method of recognizing uncollectible accounts is used, what is the net effect of a collection of an account previously written off on Accounts Receivable and the Allowance for...

Parent Co. purchases all the common stock of Subsidiary Co. On January 1, 2010, Parent sells a machine with a net book value of $30,000 to Subsidiary for $40,000. Subsidiary uses straight-line...

How would the amortization of Premium on Bonds Payable affect the Carrying Value of the Bond and Interest Expense, respectively? Select one O a. Increase, Decrease O b. Increase, Increase O c....

q2. When an economy sees higher real, risk-adjusted interest rates, it will most likely experience a(n) __________ in demand for its currency in the foreign exchange market, and the value of its...

Question 1 Not yet answered Marked out of 1.00 Flag question Question text In the simple aggregate expenditure model where all components of aggregate expenditure are autonomous except consumption,...

Question 1 Which of the following would result in an increase in equilibrium price and an ambiguous change in equilibrium quantity? Select one: a.a decrease in supply and an increase in demand b.a...

In the long run, all of a firm's costs are variable. In this case, what is the exit criterion for a profit-maximizing firm? Select one: a.price is less than average total cost b.price is more than...

I would like if you can check my practice homework and let me know if my answer are correct or not? Thanks Oscar 1). Which one of the following is the financial statement that shows a financial...

Using the information contained in the box on p. 27 concerning where to find data on the economy, go to the correct Web site to get the following data for the most recent month or quarter: (a)...

Consider a steady, two-dimensional, incompressible flow of a Newtonian fluid with the velocity field u = 2xy, v = y2 x2, and w = 0. (a) Does this flow satisfy conservation of mass? (b) Find the...

What amount will Jose need to have today to guarantee an annual payment of $ 1 , 2 9 0 , in today's dollars, at the start of each year for 1 6 years? Assume interest rates are 9 . 6 2 % . What is the...

11.15 Management has stated that it will tolerate one stockout per year. The forecast of annual demand for a particular SKU is 100,000 units, and it is ordered in quantities of 10,000 units. The lead...

An improvement in the exchange of information in negotiations.

1. Effort is important.

2. Set up two points representing the pillars of your values system. Discuss this with the others in the group.