Multiple Choice
Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million.Based on this information, which of the following is true?
A) There was an unplanned increase in inventories.
B) Aggregate expenditure is equal to GDP.
C) Aggregate expenditure is greater than GDP.
D) Aggregate expenditure is less than GDP.
E) There was an unplanned decrease in inventories.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Explain,in detail,how the adjustment to macroeconomic equilibrium
Q288: Which of the following will decrease aggregate
Q289: Investment spending will increase when<br>A)the interest rate
Q290: Figure 8.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 8.1
Q291: Figure 8.4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 8.4
Q294: If firms find that consumers are purchasing
Q295: The marginal propensity to save is defined
Q296: Which of the following will increase aggregate
Q297: MPC + MPS =<br>A)0.<br>B)0.25.<br>C)0.5.<br>D)1.<br>E)100%.
Q298: Which of the following is a true