chapter 11. quiz

chapter 11. quiz - 1....

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1.   An unplanned increase in inventories results in A) an increase in planned investment. B) a decrease in planned investment. C) actual investment that is greater than planned investment. D) actual investment that is less than planned investment. 2.   The ratio of the increase in ________ to the increase in ________ is called the multiplier. A) equilibrium nominal GDP; autonomous expenditure B) equilibrium real GDP; autonomous expenditure C) autonomous expenditure; equilibrium real GDP D) induced expenditure; equilibrium real GDP 3.   An example of assets that are included in household wealth would be A) stocks, bonds, and savings accounts. B) stocks, loans owed, and savings accounts. C) stocks, bonds, and mortgages. D) stocks, credit cards, and savings accounts.
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4.   Which of the following best explains why Cisco Systems earned an accounting profit of $2.1 billion in 2000 but  a loss of $1 billion by 2002? A) The recession of 2001 sharply reduced spending on information technology.
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This note was uploaded on 04/04/2011 for the course MGMT 201 taught by Professor Bobo during the Spring '09 term at Bradley.

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chapter 11. quiz - 1....

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