Use the Figure Below to Answer the Following Questions

question 88

Multiple Choice

Use the figure below to answer the following questions.
Figure 11.2.1
There are no exports or imports in this economy.
-Refer to Figure 11.2.1.When real GDP is equal to Y_b, then aggregate planned expenditure is

• A)less than real GDP, and real GDP decreases.
• B)greater than real GDP, and real GDP increases.
• C)equal to real GDP, and real GDP neither increases nor decreases.
• D)greater than real GDP, and real GDP decreases.
• E)less than real GDP, and real GDP increases.

---

Definitions:

Fluid G

Refers to one of the two types of general intelligence, characterized by the ability to reason quickly and solve new problems independently of previously acquired knowledge.

Artistic Intelligence

The ability to create, understand, and appreciate art and its aesthetic values.

New Problems

Unfamiliar or unforeseen challenges that require critical thinking and innovative solutions.

Fluid Intelligence

denotes the capacity to reason quickly and think abstractly, solving novel problems without relying extensively on learned knowledge and experience.