Refer to the information provided in Table 9.2 below to answer the questions that follow. Table 9.2 Planned Output (Income) Taxes Y Consumption Investment Government Spending Net Purchases Spending 500 100 300 300 100 100 600 300 100 1,000 1,500 2,000 2,500 100 900 300 100 300 100 1,200 1,500 100 100 300 100 Refer to Table 9.2. At an output level of $1,500 billion, there is an unplanned inventory O decrease of $200 billion. O increase of $100 billion. O increase of $200 billion. O change of $0.

ECON MICRO
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ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
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### Question 33

**Refer to the information provided in Table 9.2 below to answer the questions that follow.**

#### Table 9.2
| Output (Income) Y | Net Taxes T | Consumption Spending C | Planned Investment Spending I | Government Purchases G |
|--------------------|-------------|------------------------|------------------------------|-------------------------|
| 500                | 100         | 300                    | 300                          | 100                     |
| 1,000              | 100         | 600                    | 300                          | 100                     |
| 1,500              | 100         | 900                    | 300                          | 100                     |
| 2,000              | 100         | 1,200                  | 300                          | 100                     |
| 2,500              | 100         | 1,500                  | 300                          | 100                     |

Refer to Table 9.2. At an output level of $1,500 billion, there is an unplanned inventory

- decrease of $200 billion.
- increase of $100 billion.
- increase of $200 billion.
- change of $0.
Transcribed Image Text:### Question 33 **Refer to the information provided in Table 9.2 below to answer the questions that follow.** #### Table 9.2 | Output (Income) Y | Net Taxes T | Consumption Spending C | Planned Investment Spending I | Government Purchases G | |--------------------|-------------|------------------------|------------------------------|-------------------------| | 500 | 100 | 300 | 300 | 100 | | 1,000 | 100 | 600 | 300 | 100 | | 1,500 | 100 | 900 | 300 | 100 | | 2,000 | 100 | 1,200 | 300 | 100 | | 2,500 | 100 | 1,500 | 300 | 100 | Refer to Table 9.2. At an output level of $1,500 billion, there is an unplanned inventory - decrease of $200 billion. - increase of $100 billion. - increase of $200 billion. - change of $0.
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