For a Private Closed Economy, an Unintended Decline in Inventories

question 36

Multiple Choice

For a private closed economy, an unintended decline in inventories suggests that

• A) aggregate expenditures are less than the business sector expected them to be.
• B) aggregate expenditures exceed production.
• C) actual investment exceeds saving.
• D) planned investment is greater than consumption.

---

Definitions:

Self-Administered Surveys

Surveys completed by the respondents themselves without an interviewer, often through mail, online platforms, or kiosk modes.

Response Rate

The proportion of the targeted population that participates in a survey or study.

Observational Methods

Research techniques that involve observing subjects in their natural environment without manipulation.

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact through controlled conditions.