Planned Investment Plus Unintended Increases in Inventories Equals

question 62

Multiple Choice

Planned investment plus unintended increases in inventories equals

• A) actual investment.
• B) consumption.
• C) consumption minus saving.
• D) unintended saving.

---

Definitions:

Inelastic Nature

A characteristic of a good or service for which the quantity demanded or supplied changes by a smaller percentage than the percentage change in price.

Monopolistic Markets

Markets dominated by a single seller, with no close substitutes for the product or service, leading to less competition and higher prices.

Oligopolistic Markets

Markets characterized by a few large producers that have the ability to influence prices, but must consider the actions of their rivals.

Minimum Efficient Scale

The lowest level of output at which a firm can minimize long-run average total cost.