Which of the following will not occur if total spending is greater than income? 0 A} More goods and seryices are being purchased than are being produced. 0 Bl lnyentories begin to rise. C] Increased production increases income. 0 D} Manufacturers increase production to meet demand for products. Question 2 {5 points] v' Saved E '1} Listen Q What is meant by physical capital? 0 A} The skills and education of workers. 6) B] The process of a firm turning economic inputs like labor, machinery, and raw materials into outputs like goods and seryices used by consumers. O C} The yalue of what is produced per worker or per hour worked. 0 D] The plant and equipment used by firms in production. Question 3 {5 points] v' Saved all If the multiplier equals 4, then the marginal propensity to consume must be equal to: O A} the marginal propensity to save. 031% @034. 091%. Question 4 {5 points] J Saved an Monetary policy tools include all the following except 0 A} selling goyernment bonds. 3] setting the discount rate. 0 Cl changing the reserve requirement. 0 D] changing interest rate ceilings. Question 5 (5 points) Saved Listen If a government wants to use fiscal policy to increase aggregate demand, then it could A) decrease government spending O B) increase M1 C) decrease taxes O D) both B and C are correctQuestion 6 (5 points)