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Question 198

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Use the following to answer questions .
Exhibit: Aggregate Expenditures and Real GDP 1 Use the following to answer questions . Exhibit: Aggregate Expenditures and Real GDP 1 -(Exhibit: Aggregate Expenditures and Real GDP 1) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment. Suppose AE = C + I<sub>P</sub>, and I<sub>P</sub> is autonomous. At a real GDP of $7,000 billion A) planned investment is greater than actual investment. B) planned investment equals actual investment. C) planned investment is less than actual investment. D) there will be no unplanned investment.
-(Exhibit: Aggregate Expenditures and Real GDP 1) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment. Suppose AE = C + IP, and IP is autonomous. At a real GDP of $7,000 billion


A) planned investment is greater than actual investment.
B) planned investment equals actual investment.
C) planned investment is less than actual investment.
D) there will be no unplanned investment.

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