1.11 If desired investment exceeds actual investment, then...a) The economy is in a recession.b) Inventories are less than the desired level.c) Inventories are accumulating beyond the desired levels.d) Cyclical unemployment exists.1.12 Read the following extract and answer the question that follows.Women's empowerment movement eyes 40% of government spending accreditation..Last year the South African government affirmed its support for women-owned businesses as part of itscommitment to ensuring that gender equality in Africa's most advanced economy was achieved.President Cyril Ramaphosa said then: “We are going to drive women's economic inclusion through publicprocurement. We have set the target of ensuring that 40% of goods and services procured by public entities areprocured from women-owned business."Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government-spending-20210819Accessed: 23/08/21The above decision by the South African government is an example of...a) Market participation.b) Government spending.c) Commercialisation.d) Nationalisation.

1 - Option B When desired investment exceeds actual investment, inventories are less than the…

1.11 If desired investment exceeds actual investment, then... a) The economy is in a recession. b) Inventories are less than the desired level. c) Inventories are accumulating beyond the desired levels. d) Cyclical unemployment exists.

1.11 If desired investment exceeds actual investment, then... a) The economy is in a recession. b) Inventories are less than the desired level. c) Inventories are accumulating beyond the desired levels. d) Cyclical unemployment exists.

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?

Section9.A: The Simple Algebra Of Income Determination And The Multiplier

Problem 4TY

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