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Author Question: Refer to the information provided in Table 23.7 below to answer the question(s) that follow. Refer ... (Read 45 times)

NguyenJ

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Question 1

Refer to the information provided in Table 23.7 below to answer the question(s) that follow.












Refer to Table 23.7. Which of the following statements is 
false?


◦ At output levels greater than $800 billion, there is a positive unplanned inventory change.
◦ If aggregate output equals $1000 billion, then aggregate saving equals $100.
◦ The 
MPC for this economy is 0.75.
◦ At an output level of $400 billion, there is a $150 billion unplanned inventory decrease.

Question 2

Refer to the information provided in Table 23.7 below to answer the question(s) that follow.












Refer to Table 23.7. Planned saving equals planned investment at an aggregate output level


◦ of $1,000 billion.
◦ of $800 billion.
◦ of $600 billion.
◦ that cannot be determined from this information.


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Marked as best answer by NguyenJ on Apr 19, 2019

perkiness

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NguyenJ

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Reply 2 on: Apr 19, 2019
Excellent


zacnyjessica

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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