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Consumption Is $6 Million, Planned Investment Spending Is $7 Million

Question 40

Multiple Choice

Consumption is $6 million, planned investment spending is $7 million, government purchases are $10 million, and net exports are equal to $2 million. If GDP during that same time period is equal to $24 million, what unplanned changes in inventories occurred?


A) There was an unplanned decrease in inventories equal to $3 million.
B) There was no unplanned change in inventories.
C) There was an unplanned increase in inventories equal to $3 million.
D) There was an unplanned decrease in inventories equal to $19 million.

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