Consumption Spending Is $5 Million,planned Investment Spending Is $8 Million,actual

question 260

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.

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Definitions:

Aggression

Hostile or violent behavior or attitudes toward another, often with the intention to dominate, harm, or assert power.

Catharsis

The reduction of aggressive arousal by means of performing aggressive acts. The catharsis hypothesis states that we can purge ourselves of hostile emotions by intensely experiencing these emotions while performing aggression.

Aggression

Behavior intended to harm or injure another individual, either physically or psychologically.

Reducing Frustration

Methods or strategies used to decrease the feeling of annoyance, impatience, or anger that arises in response to obstacles, setbacks, or unmet expectations.