Firms in a Small Economy Anticipated That Inventories Would Grow

question 268

Multiple Choice

Firms in a small economy anticipated that inventories would grow over the past year by $750,000,and over that year,inventories grew by exactly $750,000.This implies that

• A)aggregate expenditure and GDP were equal that year.
• B)there was an unplanned increase in inventories that year.
• C)there was an unplanned decrease in inventories that year.
• D)aggregate expenditure was greater than GDP that year.

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Definitions:

Oxygenation

The process of providing, supplying, or enriching with oxygen.

Lung Volumes

Measurements that reflect the different capacities of air the lungs can hold, important in assessing respiratory health.

Capacities

The maximum amount something can contain or the ability to perform, function, or understand.

Oral Airway

A medical device used to keep the airway open by preventing the tongue from covering the epiglottis, often used in emergency situations or anesthesia.