Use the Figure Below to Answer the Following Questions

question 12

Multiple Choice

Use the figure below to answer the following questions.

Figure 27.2.1
There are no exports or imports in this economy.
-Refer to Figure 27.2.1. When real GDP is equal to Ya, then aggregate planned expenditure

• A)exceeds real GDP, and real GDP increases.
• B)is less than real GDP, and real GDP decreases.
• C)exceeds real GDP, and real GDP decreases.
• D)is equal to real GDP, and real GDP neither increases nor decreases.
• E)is less than real GDP, and real GDP increases.

---

Definitions:

Variables

Elements that can be changed or varied, especially those used in experiments to determine their effects on outcomes.

Relationship Strength

The degree of intensity or closeness in a relationship, which can influence its impact and significance.

Pearson R

A statistical measure of the strength and direction of a linear relationship between two variables.

Absolute Size

A measure or quantity's actual size or magnitude, not relative to other measures or quantities.