Consider the data presented in the table: Actual Aggregate Expenditure or Output (Y) (billions of $) 440 540 640 740 840 Planned Consumption Investment (C) (billions (billions of of $) $) 240 120 290 340 390 440 Government Net Exports Spending (G) (NX) (billions of (billions of $) $) 90 90 Unplanned Investment (inventory change) (billions of $) Future Output Tendencv ✓ (Click to select) Increase Decrease Same Click to select Instructions: In part a, round your answer to two decimal places. In parts c and d, enter your answers as a whole number
Consider the data presented in the table: Actual Aggregate Expenditure or Output (Y) (billions of $) 440 540 640 740 840 Planned Consumption Investment (C) (billions (billions of of $) $) 240 120 290 340 390 440 Government Net Exports Spending (G) (NX) (billions of (billions of $) $) 90 90 Unplanned Investment (inventory change) (billions of $) Future Output Tendencv ✓ (Click to select) Increase Decrease Same Click to select Instructions: In part a, round your answer to two decimal places. In parts c and d, enter your answers as a whole number
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 1SQ
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Transcribed Image Text:Consider the data presented in the table:
Actual Aggregate
Expenditure or
Output (Y)
(billions of $)
440
540
640
740
840
Consumption
(C) (billions
of $)
240
290
340
390
440
Planned
Investment
(billions of
$)
120
Government
Spending (G)
Net Exports
(NX)
(billions of (billions of
$)
$)
90
90
Unplanned
Investment
(inventory
change)
(billions of $)
Future Output
Tendency
✓ (Click to select)
Increase
Decrease
Same
|| (ClICK TO Select)
Instructions: In part a, round your answer to two decimal places. In parts c and d, enter your answers as a whole number.
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