Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

26. When national income exceeds desire aggregate expenditures, unplanned inventory will induce firms to the rate of output production. a. depletion; lower b. depletion; raise

image text in transcribed
26. When national income exceeds desire aggregate expenditures, unplanned inventory will induce firms to the rate of output production. a. depletion; lower b. depletion; raise c. build-up; lower d. build-up; raise

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Microeconomics 2e By OpenStax

Authors: OpenStax

2nd Edition

1947172344, 978-1947172340

More Books

Students also viewed these Economics questions