In 2016 Happyland's planned investment was $90 billion and its actual investment was $140 billion. In 2016 Happyland's unplanned inventory change was Select one: O a. $50 billion. Ob. $230 billion. Oc-$50 billion. O d. -$115 billion.

In 2016 Happyland's planned investment was $90 billion and its actual investment was $140 billion. In 2016 Happyland's unplanned inventory change was Select one: O a. $50 billion. Ob. $230 billion. Oc-$50 billion. O d. -$115 billion.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 5E

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Concept explainers

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.

Question

In 2016 Happyland s planned investment was $90 billion and its actual investment was $140 billion. In 2016 Happyland's unplanned inventory change was
Select one:
Oa. $50 billion.
Ob.5230 billion.
Oc-550 billion.
O d.-5115 billion.

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