Multiple Choice
Use the following to answer questions .
Exhibit: Aggregate Expenditures Curve
Figure 13-6
-(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. If real GDP produced is $4,000, what is the amount of unplanned investment?
A) zero
B) $1,200 billion
C) $2,400 billion
D) $2,800 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q200: Use the following to answer questions .<br>Exhibit:
Q201: In the simple aggregate expenditure model where
Q202: If C = $400 billion + 0.75(Y<sub>d</sub>)
Q203: In the simple aggregate expenditure model where
Q204: Use the following to answer questions .<br>Exhibit:
Q206: Use the following to answer questions .<br>Exhibit:
Q207: Aggregate expenditures that vary with real GDP
Q208: Suppose when disposable personal income increases from
Q209: The consumption function shows the negative relationship
Q210: Use the following to answer questions .<br>Exhibit: