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If real GDP is $1,500 billion, then the level of unplanned inventories is:

If real GDP is $1,500 billion, then the level of unplanned inventories is:

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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If real GDP is $1,500 billion, then the level of unplanned inventories is: Table: The Economy of Albernia Disposable Income Real GDP (in Consumption (in Planned Investment billions) (in billions) billions) (in billions) $0 $0 $400 $600 500 500 700 600 1,000 1,000 1,000 600 1,500 1,500 1,300 600 2,000 2,000 1,600 600 2,500 2,500 1,900 600 3,000 3,000 2,200 600 $600 billion. -$600 billion. $400 billion. -$400 billion.
Transcribed Image Text:If real GDP is $1,500 billion, then the level of unplanned inventories is: Table: The Economy of Albernia Disposable Income Real GDP (in Consumption (in Planned Investment billions) (in billions) billions) (in billions) $0 $0 $400 $600 500 500 700 600 1,000 1,000 1,000 600 1,500 1,500 1,300 600 2,000 2,000 1,600 600 2,500 2,500 1,900 600 3,000 3,000 2,200 600 $600 billion. -$600 billion. $400 billion. -$400 billion.
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