Exhibit 9-4 Keynesian Aggregate Expenditures Model at a Real

question 91

Multiple Choice

Exhibit 9-4 Keynesian aggregate expenditures model At a real GDP of $500 billion in Exhibit 9-4, the economy experiences inventory:

• A)depletion of $100 billion.
• B)depletion of $250 billion.
• C)accumulation of $100 billion.
• D)accumulation of $250 billion.

---

Definitions:

General Public

The broad group of people who are not segmented by any particular category or classification.

Subjective Standard

A legal or evaluative criteria based on personal opinions, feelings, or perspectives, rather than objective, measurable factors.

Requisite Intent

The necessary state of mind or intention required by law for a person to be held legally responsible for his/her actions.

Contract

A legally-binding agreement between two or more parties that outlines obligations and benefits for each party.