Top Posters
Since Sunday
e
4
h
4
h
4
m
3
d
3
B
3
o
3
w
3
H
3
a
3
c
3
k
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Pois0n Pois0n
wrote...
Go to Answer
Posts: 154
Rep: 0 0
A year ago
Country A specializes in the production of automobiles, and 45 percent of its population works in the automobile manufacturing industry. A sharp increase in the world prices of automobiles led to a boom in the automobile manufacturing industry in Country A. However, the automobile manufacturers overestimated the demand for automobiles. This led to overproduction, which resulted in a large stock of unsold cars. Which of the following is likely to happen in the near future?

▸ Household consumption in Country A will increase.

▸ The unemployment rate in Country A will increase.

▸ The supply of credit in Country A will increase.

▸ Investment in Country A will increase.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 49 times
1 Reply
Replies
Answer verified by a subject expert
overlandtrailoverlandtrail
wrote...
#1
Posts: 175
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Pois0n Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
rileyjones420
wrote...

Yesterday
this is exactly what I needed
erimis
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1272 People Browsing
 230 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 639
  
 376
  
 830
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: What's your favorite funny biology word?