Note: Amounts in billions.
-Refer to the above table. When real GDP equals $15 billion
A) government expenditures will increase.
B) the economy is in equilibrium.
C) unplanned inventories will increase.
D) unplanned inventories will decrease.

Question

Note: Amounts in billions.
-Refer to the above table. When real GDP equals $15 billion
A) government expenditures will increase. 
B) the economy is in equilibrium. 
C) unplanned inventories will increase. 
D) unplanned inventories will decrease.

Quizplus · Accepted Answer

When real GDP equals $15 billion, if it is above the equilibrium level, it indicates that production exceeds aggregate demand, leading to an increase in unplanned inventories.

Note: Amounts in Billions