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Generally speaking, when aggregate output does , investment does .

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Generally speaking, when aggregate output does ________, investment does ________.

Question 1.

A firm that had no costs other than inventory costs will always aim to produce in a period the volume of goods necessary to make its stock of inventories at the end of the period equal to

▸ twice its sales.

▸ the optimal level.

▸ the stock at the beginning of the period.

▸ zero.

Question 2.

Generally speaking, when aggregate output does ________, investment does ________.

▸ poorly; well

▸ poorly; poorly

▸ well; poorly

▸ not change; well

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 56 times

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austire

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More solutions for this book are available here

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