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:

Price of Oil

The cost per barrel of crude oil as determined by global markets, influenced by factors such as supply and demand, geopolitical events, and economic indicators.

Unemployment Rate

The share of the employment pool that is currently without work yet is actively trying to find a job.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, a key indicator of the economy's health.