Unintended Changes in Inventories

question 26

Multiple Choice

Unintended changes in inventories

• A) cause the economy to move away from the equilibrium GDP.
• B) are treated as components of consumption.
• C) bring actual investment and saving into equality only at the equilibrium level of GDP.
• D) bring actual investment and saving into equality at all levels of GDP.

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Definitions:

Treadle Valve

A dual-circuit service brake actuation valve that meters air from the primary and secondary service reservoirs to the service lines and brake chambers. Also known as a foot valve.

Permissable Leakage

The maximum amount of leakage allowed by regulation or specification, often referring to fluids or gas.

FMVSS 121

Federal Motor Vehicle Safety Standard 121, which specifies the requirements for air brake systems in heavy vehicles, ensuring safety and reliability.

Maximum Stopping Distance

The furthest distance a vehicle can travel from the point where brakes are fully applied to when it comes to a complete stop.