Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Table 23.7
-Refer to Table 23.7. If aggregate output equals ________, there will be a $100 billion unplanned decrease in inventories.
A) $200 billion
B) $400 billion
C) $600 billion
D) $800 billion

Question

Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Table 23.7 
-Refer to Table 23.7. If aggregate output equals ________, there will be a $100 billion unplanned decrease in inventories.
A) $200 billion 
B) $400 billion 
C) $600 billion 
D) $800 billion

Quizplus · Accepted Answer

An unplanned decrease in inventories occurs when actual aggregate output is less than planned aggregate expenditure. If the table indicates that at $600 billion output, planned expenditure exceeds actual output by $100 billion, inventories will decrease by that amount.

Refer to the Information Provided in Table 23