Refer to the information provided in Table 23.7 below to answer ...

[NguyenJ]

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.

[perkiness]

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Only 49% of students answer this correctly

[NguyenJ]

Thanks for the timely response, appreciate it

[elyse44]

YES! Correct, THANKS for helping me on my review