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Author Question: Refer to the information provided in Table 23.8 below to answer the question(s) that follow. Refer ... (Read 45 times)

APUS57

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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.


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Marked as best answer by APUS57 on Apr 19, 2019

lucas dlamini

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APUS57

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


Bigfoot1984

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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