-In the Figure Above, If Real GDP Is $12 Trillion

question 16

Multiple Choice

-In the figure above, if real GDP is $12 trillion, aggregate planned expenditure is ________ $12 trillion and unplanned inventory changes are ________.

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

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Definitions:

Accountability

The duty of a person or entity to justify their actions, take accountability for those actions, and reveal the outcomes in a clear way.

Ethical Principle

Fundamental guidelines that help determine the rightness or wrongness of actions within a professional or societal context.

Fidelity

The degree of accuracy and exactness with which something is copied or reproduced, or loyalty and faithfulness to commitments and obligations.

Social Networking

The use of internet-based platforms to connect, share information, or interact with people who share similar interests, backgrounds, or real-life connections.