Refer to the information provided in Table 23.9 below to answer the question(s) that follow.
Table 23.9
-Refer to Table 23.9. At an aggregate output level of $100 billion, the unplanned inventory change is
A) -$80 billion.
B) -$30 billion.
C) -$20 billion.
D) $120 billion.

Question

Refer to the information provided in Table 23.9 below to answer the question(s) that follow.
Table 23.9 
-Refer to Table 23.9. At an aggregate output level of $100 billion, the unplanned inventory change is
A) -$80 billion. 
B) -$30 billion. 
C) -$20 billion. 
D) $120 billion.

Quizplus · Accepted Answer

The unplanned inventory change is equal to the difference between aggregate output and aggregate expenditure. At an aggregate output level of $100 billion, aggregate expenditure is $120 billion (from Table 23.9). Therefore, the unplanned inventory change is -$20 billion.

Refer to the Information Provided in Table 23