Question: ditures and Output Answer Question 9 (1 point) Consider the information in the table below for a hypothetical economy. If real GDP is $8,000,
ditures and Output Answer Question 9 (1 point) Consider the information in the table below for a hypothetical economy. If real GDP is $8,000, what will happen to inventories? Real GDP Consumption (Y) (C) Planned Government Investment Purchases Net Planned Exports Aggregate (1) (G) (NX) Expenditure (AE) $8,000 $6,900 $1,000 $1,000 -$500 $8,400 9,000 7,700 1,000 1,000 -500 9,200 10,000 8,500 1,000 1,000 -500 10,000 11,000 9,300 1,000 1,000 -500 10,800 12,000 10,100 1,000 1,000 -500 11,600 Inventories will rise. Inventories will not change. Inventories will fall. Inventories could increase or decrease. Question 10 (1 point) Consider the information in the table below for a hypothetical economy. What is the marginal propensity to consume (MPC)? Provide your answer as a percentage rounded to two decimal places. Do not include any symbols, such as "$," "=," "%," or "," in your answer. Real GDP Consumption (Y) (C) Planned Government Purchases Investment (1) (G) Net Exports (NX) Planned Aggregate Expenditure (AE) $8,000 $6,900 $1,000 $1,000 -$500 $8,400 9,000 7.700 1,000 1,000 -500 9,200 10,000 8,500 1,000 1,000 -500 10,000 11,000 9,300 1,000 1,000 -500 10,800 12,000 10,100 1,000 1,000 -500 11,600 Your Answer: Answer Question 11 (1 point)
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