If Firms Find That Consumers Are Purchasing More Than Expected,which

question 189

Multiple Choice

If firms find that consumers are purchasing more than expected,which of the following would you expect?

• A)Aggregate expenditure will likely be greater than GDP.
• B)Aggregate expenditure will likely be less than GDP.
• C)The economy will adjust to macroeconomic equilibrium as inventories rise,and production and employment fall.
• D)The economy will adjust to macroeconomic equilibrium as inventories fall,and production and employment fall.

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Definitions:

Organizational Direction

The strategic aims and objectives that guide a company or organization’s decisions and activities towards achieving its long-term goals.

Organizational Foundation

The basic principles, values, and structure upon which an organization is built and operates.

Visionary Organization

An entity that leads with foresight and innovation, anticipating future trends and preparing for changes ahead of its competitors.

Organizational Strategies

Broad-based plans or approaches adopted by a business or organization to achieve its long-term goals and objectives.