Unplanned inventory investment equals zero when A planned investment is greater

Unplanned inventory investment equals zero when a

This preview shows page 21 - 33 out of 305 pages.

21.Unplanned inventory investment equals zero when A. planned investment is greater than actual investment.B. planned investment is less than actual investment.C. planned investment equals actual investment.D. expected sales are greater than actual sales.
Image of page 21

Subscribe to view the full document.

22.When actual investment is greater than planned investment:
Image of page 22
23.When actual investment is less than planned investment:
Image of page 23

Subscribe to view the full document.

24.The largest component of planned aggregate expenditure is:
Image of page 24
25.The consumption function is relationship between consumption and: A. planned aggregate expenditure.B. total spending.C. investment.D. its determinants, such as disposable income.
Image of page 25

Subscribe to view the full document.

26.In the Keynesian model, consumption depends on:
Image of page 26
27.The two parts of the Keynesian consumption function are consumption that depends on _____ and consumption that depends on _____.
Image of page 27

Subscribe to view the full document.

28.The slope of the consumption function:
Image of page 28
29.The vertical intercept of the consumption function equals _____ and the slope equals _____. A. the mpc; the constant termB. the constant term; the mpcC. the unplanned component of consumption; the planned component of consumptionD. the planned component of consumption; the unplanned component of consumption
Image of page 29

Subscribe to view the full document.

30.As disposable income increases, consumption:
Image of page 30
31.As disposable income decreases, consumption:
Image of page 31

Subscribe to view the full document.

Image of page 32
Image of page 33
  • Fall '14
  • none

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes