Consumption Spending Is $22 Million, Planned Investment Spending Is $7

question 293

Multiple Choice

Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million.Based on this information, which of the following is true?

• A)There was an unplanned increase in inventories.
• B)Aggregate expenditure is equal to GDP.
• C)Aggregate expenditure is greater than GDP.
• D)Aggregate expenditure is less than GDP.
• E)There was an unplanned decrease in inventories.

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired result; efficiency.

Therapy Session

A structured meeting between a therapist and a client aimed at addressing mental health issues or emotional disturbances through conversation and other therapeutic techniques.

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An ailment concerning the mind, characterized by persistent melancholy or a loss of interest in engaging activities, profoundly impairing normal life activities.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.