Multiple Choice
-The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. If real GDP is equal to $400 billion then,
A) aggregate expenditure is $450 billion.
B) unplanned inventory is -$200 billion.
C) aggregate expenditure is equal to consumption expenditure.
D) unplanned inventory is $200 billion.
E) unplanned inventory is -$300 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Q87: When disposable income increases from $400 billion
Q88: During 2018, exports increase from $1.0 trillion
Q89: The multiplier effect<br>A) reinforces the negative effects
Q90: If the level of real GDP is
Q91: The slope of the consumption function is<br>A)
Q93: Which of the following is NOT included
Q94: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -The above table
Q95: The expenditure multiplier is typically<br>A) negative.<br>B) greater
Q96: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -The above table
Q97: When the price level _, equilibrium expenditure