-The data in the above table indicate that when the price level is 100,
A) firms have unexpectedly high inventories, so prices fall.
B) inventories are at levels planned by firms.
C) firms will plan to decrease the level of output.
D) firms have unexpectedly low inventories, so prices will rise.

Question

-The data in the above table indicate that when the price level is 100,
A) firms have unexpectedly high inventories, so prices fall. 
B) inventories are at levels planned by firms. 
C) firms will plan to decrease the level of output. 
D) firms have unexpectedly low inventories, so prices will rise.

Quizplus · Accepted Answer

The Answer of 
-The data in the above table indicate that when the price level is 100,
A) firms have unexpectedly high inventories, so prices fall. 
B) inventories are at levels planned by firms. 
C) firms will plan to decrease the level of output. 
D) firms have unexpectedly low inventories, so prices will rise.

-The Data in the Above Table Indicate That When the Price