Refer to the Above Diagram for a Private Closed Economy

question 228

Multiple Choice

Refer to the above diagram for a private closed economy.Unplanned investment in inventories will:

• A)occur at all levels of GDP in excess of $200.
• B)occur at all levels of GDP in excess of $600.
• C)occur at all levels of GDP below $600.
• D)not occur because the economy is necessarily in equilibrium.

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Definitions:

Avoidable Social Causes

Factors within society that could potentially be changed or mitigated to prevent undesirable outcomes.

United States

A country located in North America, known for its vast size, diverse population, and significant influence on global politics, economy, and culture.

Unevenly Distributed

Characterized by an irregular or unequal allocation of resources or opportunities among different groups or individuals.

Health Risks

Factors or behaviors that can increase the likelihood of developing health problems or diseases.