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

question 86

Multiple Choice

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

• A)negative;lower
• B)negative;raise
• C)positive;lower
• D)positive;raise

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Definitions:

Joint Tenancy

A form of co-ownership where two or more persons hold an equal interest in a property with the right of survivorship.

Evidenced In Writing

A requirement or practice where the details of an agreement or transaction are documented in written form as proof or validation of its terms.

Statutory Requirements

Legal obligations imposed by a statute that individuals or organizations must follow.

Transfer of Land

The legal process by which ownership of a piece of land is moved from one party to another.