Assume a Simple Macroeconomic Model.When Inventories Rise Unexpectedly

question 191

Multiple Choice

Assume a simple macroeconomic model.When inventories rise unexpectedly,

• A)income is above its equilibrium value.
• B)income will rise until it reaches its equilibrium value.
• C)total spending is higher than total output.
• D)All of the above.

---

Definitions:

Members' Interests

The concerns, priorities, and objectives that are important to the members of a group or organization.

Employers

Individuals or entities that hire and pay for the services of workers, responsible for providing a safe work environment and complying with employment laws.

Illegal Strikes

Work stoppages conducted by unionized workers without union leadership authorization or in violation of a contract, often deemed unlawful.

Federal and State Workers

Employees who are employed by government agencies at either the federal or state level.