Consumption is $6 million, planned investment spending is $7 million, government purchases are $10 million, and net exports are equal to $2 million. If GDP during that same time period is equal to $24 million, what unplanned changes in inventories occurred?
A)There was an unplanned decrease in inventories equal to $3 million.
B)There was no unplanned change in inventories.
C)There was an unplanned increase in inventories equal to $3 million.
D)There was an unplanned decrease in inventories equal to $19 million.

Question

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The Answer of Consumption is $6 million, planned investment spending is $7 million, government purchases are $10 million, and net exports are equal to $2 million. If GDP during that same time period is equal to $24 million, what unplanned changes in inventories occurred?
A)There was an unplanned decrease in inventories equal to $3 million.
B)There was no unplanned change in inventories.
C)There was an unplanned increase in inventories equal to $3 million.
D)There was an unplanned decrease in inventories equal to $19 million.

Consumption Is $6 Million, Planned Investment Spending Is $7 Million