Consumption Spending Is $5 Million, Planned Investment Spending Is $8

question 122

Multiple Choice

Consumption spending is $5 million, planned investment spending is $8 million, actual investment spending is $8 million, government purchases are $10 million, and net export spending is $2 million. Based on this information, which of the following is true?

• A)There was an unplanned change in inventories.
• B)Aggregate expenditure is equal to GDP.
• C)Aggregate expenditure is greater than GDP.
• D)Aggregate expenditure is less than GDP.
• E)Unemployment will rise.

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Definitions:

Stigma Consciousness

The awareness and concern over being stereotyped or judged by others based on a particular trait or characteristic.

Stereotype

A common, yet simplified and rigid perception or representation of a specific kind of individual or object.

Performance

The action or process of carrying out or accomplishing an action, task, or function.

Fact

A statement that can be proven true or false based on evidence or reality.