At Equilibrium Expenditure, Unplanned Changes in Inventory

question 52

Multiple Choice

At equilibrium expenditure, unplanned changes in inventory

• A)must be negative.
• B)might be either positive or negative.
• C)must be positive.
• D)must be zero.

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Definitions:

Two Months' Notice

A formal notification, often in employment or tenancy agreements, requiring two months' advance warning before termination.

Landlord

An owner of property who rents it out to tenants in exchange for monthly rent.

Agreement For Sale

An agreement where title will be transferred at some time in the future, typically once the property is fully paid for; an agreement that grants possession of property to the purchaser pending full payment of the price.

Retake Possession

The act of reclaiming ownership or control of property, typically by a seller or lender from whom the property was bought on credit or leased.