Suppose That Inventories Are Falling

question 196

Multiple Choice

Suppose that inventories are falling. We can expect that, in the future,

• A) unemployment will likely increase.
• B) unemployment will likely decrease.
• C) unemployment could increase or decrease, as its direction cannot be predicted based on inventories.
• D) real GDP will likely decrease.

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Definitions:

Proposed Referendum

A proposed referendum is a suggested vote on a specific measure or question that is put forward to a general vote by the electorate.

Confidence Estimate

An estimate or range used in statistics that likely includes an unknown population parameter.

Confidence Interval

A scope of numerical values, deduced from examining sample data, that is likely to envelop the value of a cryptic population parameter.

Real Estate Industry

The sector of the economy that involves the development, buying, selling, or renting of land, buildings, or accommodation.