Multiple Choice
When GDP = $2.5 trillion, C = $1.0 trillion, I = $0.6 trillion, G = $0.4 trillion, and NX = $0, then
A) equilibrium expenditure = $2.0 trillion.
B) aggregate planned expenditure = $1.6 trillion.
C) aggregate planned expenditure = $2.5 trillion.
D) unplanned inventory change = -$0.5 trillion.
E) unplanned inventory change = $0.5 trillion.
Correct Answer:
Verified
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