Figure 12-1 -Refer to Figure 12-1.If the Economy Is at a Level

question 9

Multiple Choice

Figure 12-1
-Refer to Figure 12-1.If the economy is at a level of aggregate expenditure given by point K,

• A)the economy is in equilibrium.
• B)production is greater than spending.
• C)production is less than spending.
• D)inventories will increase above their desired level.

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Definitions:

Interference Fits

A type of fit in mechanical engineering where two parts are so tightly fit together that they deform each other to stay in place.

Locational Transition Fit

A type of fit defined by tolerances that allows for a limited amount of either interference or clearance between assembled parts.

Clearance

The intentional space or gap between two mating parts to ensure there is no unwanted friction or binding during operation.

Interference Fit

A method of fitting two parts together using a dimension in which the size of the hole is smaller than the size of the shaft to be inserted, creating a high-pressure seal.