Domestic Output or Income (GDP - DI) $ 540 Consumption $ 540 560 555 580 570 600 585 620 600 640 615 660 630 The table gives data for a private (no government) closed economy. All figures are in billions of dollars. If planned investment is $15 billion, then at the $560 billion level of output, there will be an Multiple Choice unplanned decrease inventories of $5 billion. unplanned increase in inventories of $5 billion. unplanned decrease in inventories of $10 billion. unplanned increase in inventories of $10 billion.

Domestic Output or Income (GDP - DI) $ 540 Consumption $ 540 560 555 580 570 600 585 620 600 640 615 660 630 The table gives data for a private (no government) closed economy. All figures are in billions of dollars. If planned investment is $15 billion, then at the $560 billion level of output, there will be an Multiple Choice unplanned decrease inventories of $5 billion. unplanned increase in inventories of $5 billion. unplanned decrease in inventories of $10 billion. unplanned increase in inventories of $10 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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