In the Keynesian Framework,as Long as Output Is ________ the Equilibrium

question 36

Multiple Choice

In the Keynesian framework,as long as output is ________ the equilibrium level,unplanned inventory investment will remain ________ and firms will continue to raise production.

• A)below;negative
• B)above;negative
• C)below;positive
• D)above;positive

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Definitions:

Retired

Indicates assets taken out of service or policies terminated.

Unamortized Discount

The portion of the bond discount that has not yet been expensed in the income statement over the bond's life.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price or adjusted basis, could be positive (gain) or negative (loss).

Bonds

Fixed income investment products that represent loans made by an investor to a borrower, typically corporate or governmental, which pays interest over a set period until maturity.