Refer to the information provided in Table 9.4 below to answer the questions that follow.
Table 9.4
-Refer to Table 9.4. At an output level of $1,500 billion, there is an unplanned inventory

Question

Refer to the information provided in Table 9.4 below to answer the questions that follow.
Table 9.4 
-Refer to Table 9.4. At an output level of $1,500 billion, there is an unplanned inventory

Quizplus · Accepted Answer

At an output level of $1,500 billion, the planned aggregate expenditure is $1,500 billion and the actual aggregate expenditure is $1,300 billion. This means that there is an unplanned inventory increase of $200 billion (planned aggregate expenditure minus actual aggregate expenditure = $1,500 billion - $1,300 billion = $200 billion).

Refer to the Information Provided in Table 9