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 $18 billion, then at the $660 billion level of disposable income, there will be an:
A) Unplanned increase in inventories of $12 billion
B) Unplanned increase in inventories of $30 billion
C) Unplanned decrease in inventories of $12 billion
D) Unplanned decrease in inventories of $30 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 $18 billion, then at the $660 billion level of disposable income, there will be an:
A) Unplanned increase in inventories of $12 billion 
B) Unplanned increase in inventories of $30 billion 
C) Unplanned decrease in inventories of $12 billion 
D) Unplanned decrease in inventories of $30 billion

Quizplus · Accepted Answer

The Answer of 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 $18 billion, then at the $660 billion level of disposable income, there will be an:
A) Unplanned increase in inventories of $12 billion 
B) Unplanned increase in inventories of $30 billion 
C) Unplanned decrease in inventories of $12 billion 
D) Unplanned decrease in inventories of $30 billion

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