Multiple Choice
-In the above figure, if the level of real GDP is $15 trillion
A) inventories are above the levels planned by firms.
B) inventories are below the levels planned by firms.
C) inventories are equal to the levels planned by firms.
D) planned expenditures are zero.
Correct Answer:

Verified
Correct Answer:
Verified
Q211: When disposable income increases from $7 trillion
Q212: Saving equals<br>A) disposable income minus taxes.<br>B) disposable
Q213: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q214: What is the relationship between the aggregate
Q215: If disposable income increases<br>A) the consumption function
Q217: In 2007, investment in France increased by
Q218: Which of the following will NOT shift
Q219: The slope of the aggregate expenditure curve
Q220: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q221: Actual expenditure might differ from planned expenditure