For a Private Closed Economy, an Unplanned Decline in Inventories

question 29

Multiple Choice

For a private closed economy, an unplanned decline in inventories suggests that:

• A)aggregate expenditures are less than the business sector expected them to be.
• B)planned investment is greater than saving.
• C)actual investment exceeds saving.
• D)planned investment is greater than consumption.

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Definitions:

Desired Weight

The weight an individual aims to achieve or maintain, often through diet and exercise.

Overweight

A condition defined by having a body mass index (BMI) over the normal weight range for one's height, often leading to increased health risks.

Underweight

A term used to describe an individual whose body weight is considered too low to be healthy, often defined by a body mass index (BMI) below 18.5.

Fibrocystic Disease

A condition characterized by non-cancerous changes in the breast tissue, including lumpiness, pain, and cyst formation.