-Refer to the above table. If real GDP is $12 trillion, total planned expenditures and unplanned inventory changes are respectively
A) $14 trillion and 0.
B) $13.2 trillion and -$0.8 trillion.
C) $12.4 trillion and -$0.4 trillion.
D) $12.4 trillion and $0.4 trillion.

Question

-Refer to the above table. If real GDP is $12 trillion, total planned expenditures and unplanned inventory changes are respectively
A) $14 trillion and 0. 
B) $13.2 trillion and -$0.8 trillion. 
C) $12.4 trillion and -$0.4 trillion. 
D) $12.4 trillion and $0.4 trillion.

Quizplus · Accepted Answer

If real GDP is $12 trillion and total planned expenditures are $12.4 trillion, then unplanned inventory changes are -$0.4 trillion, indicating that actual GDP is less than planned expenditures, leading to a reduction in inventories.

-Refer to the Above Table