Question: Refer to the Information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Goverment (Income) Taxes Spending Spending Purchases

Refer to the Information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Goverment (Income) Taxes Spending Spending Purchases T G I G 500 100 400 150 50 1.000 100 800 150 50 1,500 100 1,200 150 50 2,000 100 1.600 50 2.500 100 2,000 50 Refer to Table At an output level of $2,500, there is an unplanned inventory Select one: a. decrease of $200 billion. b. change of $0. c. increase of $300 billion. d. increase of $200 billion. Refer to the Information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Goverment (Income) Taxes Spending Spending Purchases T G I G 500 100 400 150 50 1.000 100 800 150 50 1,500 100 1,200 150 50 2,000 100 1.600 50 2.500 100 2,000 50 Refer to Table At an output level of $2,500, there is an unplanned inventory Select one: a. decrease of $200 billion. b. change of $0. c. increase of $300 billion. d. increase of $200 billion
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
