Refer to the Information Provided in Table 23

question 38

Multiple Choice

Refer to the information provided in Table 23.8 below to answer the question(s) that follow.
Table 23.8
-Refer to Table 23.8. Which of the following statements is false?

• A) At an output level $4,000 million, there is a $400 million unplanned inventory decrease.
• B) If aggregate output equals $4,000 million, then aggregate saving equals $1000 million.
• C) The MPC for this economy is 0.8.
• D) At an output level of $3,000 million, there is a $600 million unplanned inventory decrease.

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Definitions:

Grasping

The reflex action by which infants close their fingers around an object placed in their hand.

Genetic Plan

The predetermined genetic information carried by an organism that dictates its developmental processes and inherited traits.

Motor Development

The progression of muscle coordination and movement abilities in individuals, especially during the early years of life.

Gesell

Refers to Arnold Gesell, an American psychologist and pediatrician known for his work in child development.