-In the Above Figure, If Real GDP Is Greater Than

question 39

Multiple Choice

-In the above figure, if real GDP is greater than $15 trillion, inventories will be

• A) below target levels so firms will increase production.
• B) below target levels so firms will decrease production.
• C) above target levels so firms will increase production.
• D) above target levels so firms will decrease production.

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Definitions:

Continuous Schedule

A system or plan that operates or is in effect without interruption, often used in production or service delivery to ensure constant output.

Behaviour

The way in which one acts or conducts oneself, especially towards others, driven by internal or external stimuli.

Immediate Reinforcement

The provision of a reward or penalty right after a specific behavior, to increase the likelihood of that behavior occurring again.

Desirable Behaviour

Actions or conduct that are considered preferable or appropriate within a given social or organizational context.