Ignoring the Government and Foreign Sectors, There Is an Unplanned

question 10

Multiple Choice

Ignoring the government and foreign sectors, there is an unplanned decrease in inventories of $200 billion at the current level of real national income of $12 trillion. From this information, we know that

• A)saving equals $200 billion.
• B)consumption expenditures equal $12 trillion less saving less $200 billion.
• C)planned investment is $200 billion more than planned saving.
• D)planned investment is $200 billion less than planned saving.

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Definitions:

Content Bias

A type of bias in tests or assessments where the content unfairly advantages or disadvantages certain groups of people, leading to distorted outcomes.

Test Language

The language in which a test or assessment is administered, which can affect the reliability and validity of the test results for non-native speakers.

Testing Instructions

Guidelines provided to test-takers before an assessment to ensure they understand how to properly complete the test and what rules to follow.

Culture-Free Tests

Psychological or educational tests designed to minimize the effects of cultural background, language, and education on test performance.