Multiple Choice
Refer to the information provided in Table 23.8 below to answer the question(s) that follow.
Table 23.8
-Refer to Table 23.8. Which of the following statements is false?
A) At an output level $4,000 million, there is a $400 million unplanned inventory decrease.
B) If aggregate output equals $4,000 million, then aggregate saving equals $1000 million.
C) The MPC for this economy is 0.8.
D) At an output level of $3,000 million, there is a $600 million unplanned inventory decrease.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Related to the Economics in Practice on
Q35: Refer to the information provided in Table
Q36: Refer to the information provided in Table
Q37: Refer to the information provided in Figure
Q39: Refer to the information provided in Figure
Q40: Refer to the information provided in Figure
Q42: Refer to the information provided in Figure
Q91: When there is an unplanned draw down
Q190: Uncertainty about the future is likely to<br>A)
Q202: The marginal propensity to consume is the