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

question 95

Multiple Choice

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

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

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Definitions:

Allocation

Entails the distribution of resources or items amongst various projects, uses, or people within a system or economy.

Envies

The feeling of wanting to have what someone else has.

Envied Person

An individual who is the subject of envy due to possessing something desirable that others lack, such as wealth, talent, or status.

Envier

A person who feels discontent or covetousness with regard to someone else's advantages, success, or possessions.