Now use the table to find aggregate expenditure and the unplanned change in Inventories,Real GDP Consumption(C)$9,900$10,800($11,000$12,000PlannedInvestment ()$1,100$1,100GovernmentPurchases (G)$1,2001,200Net Exports(NX)-$275- $275PlannedAggregateExpenditure(AE)UnplannedChange inInventories

Aggregate expenditure: Aggregate expenditure is the sum of consumption, investment, government…

Now use the table to find aggregate expenditure and the unplanned change in inventories. Real GDP ( $11,000 $12,000 Consumption (C) $9,900 $10,800 Planned Investment (/) $1,100 $1,100 Government Purchases (G) $1,200 1,200 Net Exports (NX) -$275 -$275 Planned Aggregate Expenditure (AE) Unplanned Change in Inventories

Now use the table to find aggregate expenditure and the unplanned change in inventories. Real GDP ( $11,000 $12,000 Consumption (C) $9,900 $10,800 Planned Investment (/) $1,100 $1,100 Government Purchases (G) $1,200 1,200 Net Exports (NX) -$275 -$275 Planned Aggregate Expenditure (AE) Unplanned Change in Inventories

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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