1) At an output level of $400 billion, there is an unplanned inventory change of All Numbers are in $ Billion Net Taxes Output Consumption (Income) Spending 200 100 400 300 600 800 1,000 400 500 600 A) positive $100 billion. B) negative $100 billion. C) negative $200 billion. D) zero. 100 100 100 100 100 Investment Government Spending Spending 200 100 200 100 200 100 200 100 200 100

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1) At an output level of $400 billion, there is an unplanned inventory change of
All Numbers are in $ Billion
Net
Taxes
100
100
100
Output Consumption
(Income) Spending
200
100
400
600
800
1,000
300
400
500
600
A) positive $100 billion.
B) negative $100 billion.
C) negative $200 billion.
D) zero.
100
100
Investment Government
Spending Spending
200
100
200
100
200
100
200
200
100
100
Transcribed Image Text:1) At an output level of $400 billion, there is an unplanned inventory change of All Numbers are in $ Billion Net Taxes 100 100 100 Output Consumption (Income) Spending 200 100 400 600 800 1,000 300 400 500 600 A) positive $100 billion. B) negative $100 billion. C) negative $200 billion. D) zero. 100 100 Investment Government Spending Spending 200 100 200 100 200 100 200 200 100 100
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