Multiple Choice
Figure 13-6
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JIP = 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
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