The data below are for a private (no government) closed economy. All figures are in billions of dollars. Refer to the table above. If planned investment is $15 billion, then at the $560 billion level of output, there will be a(n):
A) Unplanned increase in inventories of $5 billion
B) Unplanned increase in inventories of $10 billion
C) Unplanned decrease in inventories of $5 billion
D) Unplanned decrease in inventories of $10 billion

Question

The data below are for a private (no government) closed economy. All figures are in billions of dollars.  Refer to the table above. If planned investment is $15 billion, then at the $560 billion level of output, there will be a(n):
A) Unplanned increase in inventories of $5 billion 
B) Unplanned increase in inventories of $10 billion 
C) Unplanned decrease in inventories of $5 billion 
D) Unplanned decrease in inventories of $10 billion

Quizplus · Accepted Answer

The Answer is D

The Data Below Are for a Private (No Government) Closed