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. Which of the following statements is false?
A) At output levels greater than $800 billion, there is a positive unplanned inventory change.
B) If aggregate output equals $1000 billion, then aggregate saving equals $100.
C) The MPC for this economy is 0.75.
D) At an output level of $400 billion, there is a $150 billion unplanned inventory decrease.

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. Which of the following statements is false?
A) At output levels greater than $800 billion, there is a positive unplanned inventory change. 
B) If aggregate output equals $1000 billion, then aggregate saving equals $100. 
C) The MPC for this economy is 0.75. 
D) At an output level of $400 billion, there is a $150 billion unplanned inventory decrease.

Quizplus · Accepted Answer

The Answer of 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. Which of the following statements is false?
A) At output levels greater than $800 billion, there is a positive unplanned inventory change. 
B) If aggregate output equals $1000 billion, then aggregate saving equals $100. 
C) The MPC for this economy is 0.75. 
D) At an output level of $400 billion, there is a $150 billion unplanned inventory decrease.

Refer to the Information Provided in Table 23