If aggregate planned expenditure is less than real gdp, then
a. inventories increase, and th...
If aggregate planned expenditure is less than real gdp, then
a. inventories increase, and the ae curve shifts upward
b. inventories decrease, and the ae curve shifts downward
c. inventories increase, and as real gdp decreases a movement down along the ae curve occurs
d. inventories decrease, and as real gdp increases a movement up along the ae curve occurs
Answers: 2
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Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
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One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
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En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
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