Multiple Choice - Lifesaver supply curves typically a) typically shift to the le

ID: 1181120 • Letter: M

Question

Multiple Choice - Lifesaver

supply curves typically

a) typically shift to the left because of technological advvances

b)show the prices that the producers would charge in the absense of competition.

d)shift right when consumer incomes increase in order to respond to greater demand

d)neither

e) all

if the economy closes the year with less inventories than it started with, how do we account for this in gdp computation.

a) firms made positive planned inventory investment.

b) ... negative planned inventory investemnt.

c)consumeres spent less than they had planned.

d)governemtn spent less that it had planned.

e) none

Answer for 1: is C

Answer for 2: is D

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