If Firms Find That Consumers Are Purchasing More Than Expected

question 246

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.
• E)Firms will see inventories rising.

Identify the challenges and controversies surrounding education, including grade inflation.

Acknowledge the relationship between educational policy and social change.

Understand the concept and process of classical conditioning.

Recognize the role of unconditioned and conditioned stimuli and responses in classical conditioning.

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Definitions:

Cationic Polymerization

A type of polymerization where the growing polymer chain carries a positive charge, often initiated by an electrophilic compound.

Benzoyl Peroxide

Benzoyl peroxide is an organic compound used primarily as an acne treatment, known for its antibacterial properties, with the formula (C6H5CO)2O2.

Free-radical Polymerization

A method of polymerization where a polymer forms by the successive addition of free-radical building blocks.

Styrene

A colorless liquid that is used in the manufacture of polystyrene plastics, rubber, and resins.