problem, by using the URL on the back cover of this book. 13. a, The accompanying table shows gross domestic product (GDP), disposable income (YD), con- sumer spending (C), and planned investment spending (IpPlanned) in an economy. Assume there is no government or foreign sector in this economy. Complete the table by calculating planned aggre- gate spending (AEPlanned) and unplanned inven- tory investment (IUmplanned). GDP YD C IPlanned AEPlanned lunplanned (billions of dollars) $0 $0 $100 $300 400 400 400 300 800 800 700 300 1,200 1,200 1,000 300 1,600 1,600 1,300 300 ? 2,000 2,000 1,600 300 ? 2,400 2,400 1,900 300 300 2,800 2,800 2,200 300 3,200 3,200 2,500
problem, by using the URL on the back cover of this book. 13. a, The accompanying table shows gross domestic product (GDP), disposable income (YD), con- sumer spending (C), and planned investment spending (IpPlanned) in an economy. Assume there is no government or foreign sector in this economy. Complete the table by calculating planned aggre- gate spending (AEPlanned) and unplanned inven- tory investment (IUmplanned). GDP YD C IPlanned AEPlanned lunplanned (billions of dollars) $0 $0 $100 $300 400 400 400 300 800 800 700 300 1,200 1,200 1,000 300 1,600 1,600 1,300 300 ? 2,000 2,000 1,600 300 ? 2,400 2,400 1,900 300 300 2,800 2,800 2,200 300 3,200 3,200 2,500
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 3P
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