If Economists Forecast an Increase in Aggregate Expenditure,which of the Following

question 198

Multiple Choice

If economists forecast an increase in aggregate expenditure,which of the following is likely to occur?

• A)GDP will rise.
• B)GDP will fall.
• C)Wages will fall.
• D)Inventories will rise.

Understand the role of environmental analysis in identifying business strengths and weaknesses.

Acknowledge the role of green marketing and ethical considerations in contemporary business practices.

Understand the concept and importance of strategic planning in businesses.

Recognize the role of environmental analysis in strategic planning.

---

Definitions:

Long-Term Memory

Long-term memory is the capacity of the brain to store a large amount of information for periods ranging from hours to a lifetime.

Numerical Memory

The ability to remember and recall numbers, sequences of numbers, and numerical information.

Sensory Memory

The shortest-term element of memory, it acts as a buffer for stimuli received through the senses, allowing a trace to be retained for a brief moment after the original stimulus has ceased.

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended, acting as a buffer for incoming sensory information.