Quèstion 14 Refer to the Table for a private closed economy and match the correct answer. Domesti c Output or Income (GDP = DI) Consumption $ 540 $ 540 560 555 580 570 600 585 620 600 640 615 660 630 v If planned investment is $25 billion, then aggregate expenditures at the income level of $560 A. $400 billion will be B. Increase by $10 billion. v If planned investment is $18 billion, then at the $660 billion level of disposable income, the unplanned inventory will C. $640, D. Increase by $12 billion. E, Increase by $30 billion. F. Decrease by $12 billion. G. $580.

Quèstion 14 Refer to the Table for a private closed economy and match the correct answer. Domesti c Output or Income (GDP = DI) Consumption $ 540 $ 540 560 555 580 570 600 585 620 600 640 615 660 630 v If planned investment is $25 billion, then aggregate expenditures at the income level of $560 A. $400 billion will be B. Increase by $10 billion. v If planned investment is $18 billion, then at the $660 billion level of disposable income, the unplanned inventory will C. $640, D. Increase by $12 billion. E, Increase by $30 billion. F. Decrease by $12 billion. G. $580.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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