Use the Following to Answer Questions

question 205

Multiple Choice

Use the following to answer questions .
Exhibit: Aggregate Expenditures Curve
Figure 13-6
-(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I_P = Planned Investment, G = Government Purchases. Further, I_P and G are autonomous. If real GDP produced is $4,000, what is the amount of unplanned investment?

• A) zero
• B) $1,200 billion
• C) $2,400 billion
• D) $2,800 billion

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Definitions:

W. B. Du Bois

An influential African-American sociologist, historian, and civil rights activist, best known for his role in cofounding the NAACP and his seminal work "The Souls of Black Folk."

Political Ideas

Concepts and beliefs regarding governance, political ethics, the rights and duties of citizens, and the ideal form of political organization.

Versailles Treaty

The treaty signed at the Versailles peace conference after World War Ⅰ, which established President Woodrow Wilson’s vision of an international regulating body, redrew parts of Europe and the Middle East, and assigned economically crippling war reparations to Germany, but failed to incorporate all of Wilson’s Fourteen Points.