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Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in billions) spending (in billions) spending (in billions) investment (in billions) $0 $300 $400 $1,000 $500 $500 $700 $1,300 $200 $2,000 $700 $1,600 $3,000 $1,300 $900 Answer Bank $400 $0 $800 $1,000 $1,500 $2,200 $600 $100 $900 -$400

Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in billions) spending (in billions) spending (in billions) investment (in billions) $0 $300 $400 $1,000 $500 $500 $700 $1,300 $200 $2,000 $700 $1,600 $3,000 $1,300 $900 Answer Bank $400 $0 $800 $1,000 $1,500 $2,200 $600 $100 $900 -$400

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Σ * 00 エ Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in billions) spending (in billions) spending (in billions) investment (in billions) $300 $400 $1,300 $700 00 00 009 I$ $1,300 000 006$ Answer Bank $1,500 $2,200 $100 -%24400 0062$ What is the equilibrium level of GDP? equilibrium GDP: billion dollars What is the equilibrium level of planned aggregate spending? equilibrium planned aggregate spending: billion dollars prt sc home end inser F5 F7 F8 O日 日 V % 2$ 4. 9 H. B. N alt 1413
Transcribed Image Text:Σ * 00 エ Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in billions) spending (in billions) spending (in billions) investment (in billions) $300 $400 $1,300 $700 00 00 009 I$ $1,300 000 006$ Answer Bank $1,500 $2,200 $100 -%24400 0062$ What is the equilibrium level of GDP? equilibrium GDP: billion dollars What is the equilibrium level of planned aggregate spending? equilibrium planned aggregate spending: billion dollars prt sc home end inser F5 F7 F8 O日 日 V % 2$ 4. 9 H. B. N alt 1413
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