Exhibit 9-2 Keynesian Aggregate-Expenditures Model as Shown in Exhibit

question 116

Multiple Choice

Exhibit 9-2 Keynesian aggregate-expenditures model As shown in Exhibit 9-2, if GDP is $3 trillion, the economy experiences unplanned inventory:

• A)depletion of $1 trillion.
• B)depletion of $2 trillion.
• C)accumulation of $1 trillion.
• D)accumulation of $2 trillion.

---

Definitions:

Long-Run Equilibrium

A state in which all factors of production and costs are variable, allowing firms to make adjustments to achieve the optimal scale of operation, leading to zero economic profit in competitive markets.

Club Meeting

A scheduled gathering of members of a specific club or organization.

Attendance

The act of being present at a particular place or event, often measured to assess participation or interest.

Number

A mathematical object used to count, measure, and label.