Refer to the information provided in Table 23.9 below to answer ...

[acc299]

Question 1

Refer to the information provided in Table 23.9 below to answer the question(s) that follow.












Refer to Table 23.9. The equilibrium level of aggregate output is

◦ $200 billion.
◦ $300 billion.
◦ $400 billion.
◦ $500 billion.

Question 2

Refer to the information provided in Table 23.9 below to answer the question(s) that follow.












Refer to Table 23.9. Which of the following statements is 
false?

◦ At output levels greater than $400 billion, there is a positive unplanned inventory change.
◦ If aggregate output equals $500 billion, then aggregate saving equals $0.
◦ The 
MPC for this economy is 0.8.
◦ At an output level of $200 billion, there is a $60 billion unplanned inventory decrease.

[bookworm410]

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[acc299]

Thanks for the timely response, appreciate it

[tuate]

YES! Correct, THANKS for helping me on my review