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Consumption spending is $22 million, planned investment spending is $7 million, actual investment ...

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Consumption spending is $22 million, planned investment spending is $7 million, actual investment ...

Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million. Based on this information, which of the following is true?
A) There was an unplanned change in inventories.
B) Aggregate expenditure is equal to GDP.
C) Aggregate expenditure is greater than GDP.
D) Aggregate expenditure is less than GDP.

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InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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Noochie

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Dr.782 Author

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this is exactly what I needed

nsak

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Smart ... Thanks!

bkrandy

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Thanks

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