Exhibit 9-3 Keynesian Aggregate-Expenditures Model as Shown in Exhibit

question 171

Multiple Choice

Exhibit 9-3 Keynesian aggregate-expenditures model As shown in Exhibit 9-3, if GDP is $14 trillion, the economy experiences unplanned inventory:

• A)accumulation of $12 trillion.
• B)depletion of $14 trillion.
• C)accumulation of $2 trillion.
• D)depletion of $4 trillion.

---

Definitions:

Metamemory

Knowledge of the functions and processes involved in one’s storage and retrieval of information (memory), as shown by the use of cognitive strategies to retain information.

Immanent Justice

The view that a negative experience is a direct consequence of wrongdoing, reflecting the belief that morality is embedded within the structure of the universe.

Decentrations

The cognitive ability to consider multiple aspects of a situation rather than focusing only on a single point of view.

Concrete Operations

In developmental psychology, a phase where individuals gain the ability to understand logical operations in tangible situations and solve problems involving physical objects.