-In the Figure Above, If Real GDP Is $20 Trillion

question 19

Multiple Choice

-In the figure above, if real GDP is $20 trillion, aggregate planned expenditure is ________ $20 trillion and unplanned inventory changes are ________.

• A) less than; positive
• B) less than; negative
• C) equal to; negative
• D) equal to; positive
• E) equal to; equals to zero

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Definitions:

Natural Tendency

An inclination or predisposition towards a particular behavior or action that is innate or instinctual.

Role Ambiguity

The uncertainty and lack of clarity about expectations, responsibilities, and the scope of one's job.

Uncertainty

The state of being uncertain or not being sure about the future or about what is the right thing to do.

Family-Run Businesses

Enterprises that are owned, managed, and operated by multiple members of the same family.