Refer to the information provided in Table 24.4 below to answer the question(s) that follow.
Table 24.4
-Refer to Table 24.4. At an output level of $1,500 billion, there is an unplanned inventory

Question

Refer to the information provided in Table 24.4 below to answer the question(s) that follow.
Table 24.4 
-Refer to Table 24.4. At an output level of $1,500 billion, there is an unplanned inventory

Quizplus · Accepted Answer

At an output level of $1,500 billion, potential output is $1,600 billion and actual output is $1,700 billion. This means that there is an unplanned inventory increase of $200 billion, which is the difference between actual output and potential output. Therefore, the correct answer is D, increase of $200 billion.

Refer to the Information Provided in Table 24