-Total planned spending at an output level of $300 billion is:
A) $280 billion.
B) $300 billion.
C) $320 billion.
D) none of the above.

Name: -Total planned spending at an output level of $300 billion is: A) $280 billion. B) $300 billion. C) $320 billion. D) none of the above.
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Question

-Total planned spending at an output level of $300 billion is:
A) $280 billion. 
B) $300 billion. 
C) $320 billion. 
D) none of the above.

Quizplus · Accepted Answer

Total planned spending at an output level of $300 billion means that the economy plans to spend exactly what it produces, which is $300 billion.

-Total Planned Spending at an Output Level of $300 Billion