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:

Degrees Of Freedom

The count of separate values or measurements which may be applied to a statistical distribution.

Expected Number

A statistical estimate of the number of times an event is anticipated to occur within a specified period or under certain conditions.

Null Hypothesis

A hypothesis that states there is no statistical significance between the specified sets of observations, serving as a default position that there is no association.

Heart Attacks

Medical conditions, also known as myocardial infarctions, characterized by the death of heart muscle due to the loss of blood supply.