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

question 151

Multiple Choice

Consumption is $5 billion, planned investment spending is $8 billion, government purchases are $10 billion, and net exports are equal to $2 billion.If GDP during that same time period is equal to $27 billion, what unplanned changes in inventories occurred?

• A)There was an unplanned increase in inventories equal to $2 billion.
• B)There was no unplanned change in inventories.
• C)There was an unplanned decrease in inventories equal to $2 billion.
• D)There was an unplanned decrease in inventories equal to $19 billion.
• E)There was an unplanned increase in inventories of $3 billion.

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Definitions:

Indigenous Population

Ethnic groups who are the original inhabitants of a region, prior to colonization or the establishment of national boundaries.

Hazardous Waste Disposal

The process of handling and disposing of waste materials that pose a significant risk to human health or the environment, according to regulated methods designed to minimize harm.

Developing Countries

Nations characterized by a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

Higher Safety Standards

Enhanced or elevated measures and regulations implemented to ensure the well-being and protection of individuals and environments.