The following information is taken from the production budget for the first quarter: Beginning inventory in units 1000 Sales budgeted for the quarter 406000 Capacity in units of production facility 452000 How many finished goods units should be produced during the quarter if the company desires 3000 units available to start the next quarter? Entry field with incorrect answer 404000 454000 409000 40800

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.