Real GDP is $16 trillion and aggregate planned expenditure is $17 trillion. As a result, unplanned inventory change is and real GDP O negative; decreases negative; increases positive: decreases O negative does not change O positive: increases

Real GDP is $16 trillion and aggregate planned expenditure is $17 trillion. As a result, unplanned inventory change is and real GDP O negative; decreases negative; increases positive: decreases O negative does not change O positive: increases

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter23: The Aggregate Expenditure Model

Section: Chapter Questions

Problem 1P

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Question

Real GDP is $16 trillion and aggregate planned expenditure is $17 trillion. As a result, unplanned inventory change is
and real GDP
O negative; decreases
negative; increases
positive: decreases
O negative does not change
O positive: increases

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