HIS 112
HIS 112
null Edition
ISBN: 9781323880203
Author: Pearson
Publisher: PEARSON C
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Chapter 23, Problem 23.3.8PA
To determine

The shedding of unwanted inventories.

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Explain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal: A large increase in the value of real estate, including private houses A decline in real estate rate A sharp, sustained decline in stock prices. An increase in the rate of population growth. The development of a cheaper method of manufacturing computer chips. A sizable increase in the retirement age for collecting Social Security benefits. An increase in the Federal personal income tax.
Explain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal:a. A large increase in the value of real estate, including private houses.
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