Use the Following to Answer Questions

question 204

Multiple Choice

Use the following to answer questions .
Exhibit: Aggregate Expenditures and Real GDP 1
-(Exhibit: Aggregate Expenditures and Real GDP 1) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I_P = Planned Investment. Suppose AE = C + I_P, and I_P is autonomous. At a real GDP of $5,000 billion,

• A) planned investment is greater than actual investment.
• B) planned investment equals actual investment.
• C) planned investment is less than actual investment.
• D) there will be no unplanned investment.

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Definitions:

Incidental Behaviors

Actions performed without conscious intention or awareness, often as a byproduct of another task or due to subconscious processes.

Fixed-Interval Schedule

In operant conditioning, a reinforcement schedule that reinforces a response only after a specified time has elapsed.

Specified Time Period

A distinct duration or length of time that has been determined or requested for a particular purpose or event.

Response Is Reinforced

A process in learning where the likelihood of a behavior's occurrence is increased by following it with a positive outcome or reward.