Consumption Is $5 Million,planned Investment Spending Is $8 Million,government Purchases

question 108

Multiple Choice

Consumption is $5 million,planned investment spending is $8 million,government purchases are $10 million,and net exports are equal to $2 million.If GDP during that same time period is equal to $23 million,what unplanned changes in inventories occurred?

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

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Definitions:

Excitement Phase

The initial stage of the sexual response cycle characterized by increased arousal and preparation for sexual activity.

Sexual Response Cycle

The sequence of physical and emotional changes that occur as a person becomes sexually aroused and engages in sexually stimulating activities, traditionally divided into phases such as desire, arousal, orgasm, and resolution.

Validity

The degree to which a theory, finding, or measurement is grounded in reality and accurately reflects the true state of affairs.

Independent Variable

The variable in an experiment that is manipulated or changed to observe its effect on the dependent variable.