-In the Figure Above, If Real GDP Is $10 Trillion

question 27

Multiple Choice

-In the figure above, if real GDP is $10 trillion, aggregate planned expenditure is

• A) equal to $10 trillion and there are no unplanned inventory changes.
• B) less than $10 trillion and unplanned inventory changes are positive.
• C) more than $10 trillion and unplanned inventory changes are negative.
• D) equal to $10 trillion and unplanned inventory changes are negative.
• E) equal to $10 trillion and unplanned inventory changes are positive.

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Definitions:

Working Memory

The segment of short-term memory tasked with the immediate conscious processing of perceptions and language.

Rehearsal

A cognitive process involving the repeated review or practice of information to aid in its retention and recall.

Spacing Effect

The tendency for distributed study or practice to yield better long-term retention than is achieved through massed study or practice.

Vocabulary Tests

Assessments designed to measure an individual's knowledge and comprehension of words and their meanings.