36Refer to the information provided in Table below to answer the question that follow.PlannedOutput Net Consumption Investment GovernmentSpending(Income) TaxesSpendingPurchases5001,00050100100400150800150501,5002,0001001,2001,6002,00015050100150502,50010015050Refer to Table At an output level of $2,500, there is an unplanned inventorySelect one:a. change of $0.b. increase of $200 billion.C. decrease of $200 billion.d. increase of $300 billion,

Unplanned inventories: - Unplanned inventory is the increase in the inventory investment over the…

Refer to the information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Government Spending C. (Income) Taaces Spending Purchases Y. 100 100 500 400 150 50 1,000 1,500 2,000 2,500 800 1,200 1,600 2,000 150 50 100 150 50 100 150 50 100 150 50 Refer to Table At an output level of $2,500, there is an unplanned inventory Select one: a. change of $0. b. increase of $200 billion. C. decrease of $200 billion. d. increase of $300 billion.

Refer to the information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Government Spending C. (Income) Taaces Spending Purchases Y. 100 100 500 400 150 50 1,000 1,500 2,000 2,500 800 1,200 1,600 2,000 150 50 100 150 50 100 150 50 100 150 50 Refer to Table At an output level of $2,500, there is an unplanned inventory Select one: a. change of $0. b. increase of $200 billion. C. decrease of $200 billion. d. increase of $300 billion.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Aggregate Demand

Section: Chapter Questions

Problem 3.7P

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