Question 1
Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Refer to Table 23.7. If aggregate output equals ________, there will be a $100 billion unplanned decrease in inventories.
◦ $200 billion
◦ $400 billion
◦ $600 billion
◦ $800 billion
Question 2
Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Refer to Table 23.7. The equilibrium level of aggregate output equals
◦ $400 billion.
◦ $600 billion.
◦ $800 billion.
◦ $1,000 billion.