Refer to the information provided in Table below to answer the question that follow.PlannedOutput Net Consumption Investment Government(Income) TaxesSpendingSpendingPurchasesY10050040015015015015050501,0001,5002,0002,5001008001001001,2001,6002,000505050100150Refer to Table At an output level of $2,500, there is an unplanned inventorySelect one:a. change of $0.b. increase of $200 billion.C. decrease of $200 billion.O d. increase of $300 billion.

Answer: Option D is correct Unplanned inventory refers to the change in the stock which has been…

Refer to the information provided in Table below to answer the question that follow. Output (Income) Taxes Planned Net Consumption Investment Government Spending Spending Purchases 500 100 400 150 150 50 50 1,000 1,500 2,000 2,500 100 800 100 100 1,200 150 50 1,600 150 50 100 2,000 150 50 Refer to Table At an output level of $2,500, there is an unplanned inventory lect one: a. change of $0. b. increase of $200 billion. C. decrease of $200 billion. d. increase of $300 billion,

Refer to the information provided in Table below to answer the question that follow. Output (Income) Taxes Planned Net Consumption Investment Government Spending Spending Purchases 500 100 400 150 150 50 50 1,000 1,500 2,000 2,500 100 800 100 100 1,200 150 50 1,600 150 50 100 2,000 150 50 Refer to Table At an output level of $2,500, there is an unplanned inventory lect one: a. change of $0. b. increase of $200 billion. C. decrease of $200 billion. d. increase of $300 billion,

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter2: Mathematics For Microeconomics

Section: Chapter Questions

Problem 2.4P

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