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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Which of the following is INCORRECT?
A) Firms experience unplanned decreases in inventories as expansions begin.
B) Expansions usually begin with an increase in autonomous spending.
C) Firms increase production in response to unplanned decreases in inventories.
D) The multiplier dampens the increase in income that occurs during expansions and brings the economy to a new equilibrium GDP.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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#2
7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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