Question: QUESTION 7 If aggregate expenditures equal $7,600 and aggregate income equals $8,000, A. business inventories will rise, businesses will decrease production, leading to a fall

QUESTION 7 If aggregate expenditures equal $7,600 and aggregate income equals $8,000, A. business inventories will rise, businesses will decrease production, leading to a fall in output, income, and employment. B. business inventories will fall, businesses will increase production, leading to a rise in output, income, and employemt. C. business inventories will rise, business will increase production, leading to a rise in output, income, and employment. D. business inventories will fall, busineses will decrease production, leading to a fall in output, income, and unemployment. QUESTION 8 In the full aggregate expenditures model with net exports included O A. C+S+T=T +G+X B.[+G+X=S+T+M. C.C+I+G=T +M+S D.[ + G + C =S+I+X
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
