If planned aggregate expenditures are $400 billion, consumption is $120 billion, investment is $60 billion, government spending is $70 billion, there is a

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Planned aggregate expenditures are the total amount spent on the nation's goods and services, calculated as the sum of consumption, investment, government spending, and net exports (exports minus imports). In this case, planned aggregate expenditures are $400 billion, and the sum of consumption ($120 billion), investment ($60 billion), and government spending ($70 billion) is $250 billion. To achieve the planned aggregate expenditures of $400 billion, the remaining $150 billion must come from net exports, indicating a trade surplus of $150 billion.

If Planned Aggregate Expenditures Are $400 Billion, Consumption Is $120