Real GDP $2,000 2,500 3,000 3,500 Consu mption $1,600 2,000 2,400 2,800 Planne d Invest ment $250 250 250 250 Govern ment Purcha ses $250 250 250 250 Net Exports $100 100 100 100 Refer to Table 12-10. Using the table above, calculate the unplanned change in inventories for each level of GDP, and explain what will happen to GDP?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Table 12-10
Real
GDP
$2,000
2,500
3,000
3,500
Consu
mption
$1,600
2,000
2,400
2,800
Planne
d
Invest
ment
$250
250
250
250
Govern
ment
Net
Purcha Exports
ses
$250
250
250
250
$100
100
100
100
Refer to Table 12-10. Using the table above, calculate the
unplanned change in inventories for each level of GDP, and
explain what will happen to GDP?
Transcribed Image Text:Table 12-10 Real GDP $2,000 2,500 3,000 3,500 Consu mption $1,600 2,000 2,400 2,800 Planne d Invest ment $250 250 250 250 Govern ment Net Purcha Exports ses $250 250 250 250 $100 100 100 100 Refer to Table 12-10. Using the table above, calculate the unplanned change in inventories for each level of GDP, and explain what will happen to GDP?
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