Author Question: Refer to the information provided in Table 23.8 below to answer the question(s) that follow. Refer ... (Read 13 times)

APUS57 · **on:** Apr 19, 2019

Question 1

Refer to the information provided in Table 23.8 below to answer the question(s) that follow.

Refer to Table 23.8. The equilibrium level of aggregate output equals

◦ $3,000 million.
◦ $4,000 million.
◦ $5,000 million.
◦ $6,000 million.

Question 2

Refer to the information provided in Table 23.8 below to answer the question(s) that follow.

Refer to Table 23.8. Which of the following statements is
false?

◦ At an output level $4,000 million, there is a $400 million unplanned inventory decrease.
◦ If aggregate output equals $4,000 million, then aggregate saving equals $1000 million.
◦ The
MPC for this economy is 0.8.
◦ At an output level of $3,000 million, there is a $600 million unplanned inventory decrease.

lucas dlamini · **Reply #1 on:** Apr 19, 2019

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