Refer to the information provided in Table 8.4 below to answer the questions that follow.
Table 8.4
-Refer to Table 8.4.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.
Correct Answer:
Verified
Q108: Refer to the information provided in Table
Q110: Refer to the information provided in Table
Q113: Refer to the information provided in Table
Q114: Refer to the information provided in Table
Q115: Refer to the information provided in Table
Q116: Refer to the information provided in Table
Q117: Refer to the information provided in Table
Q202: The economy can be in equilibrium if,
Q204: If unplanned inventory investment is positive, then
A)
Q205: If aggregate output equals planned aggregate expenditure,
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