The Data Below Are for a Private (No Government) Closed

question 57

Multiple Choice

The data below are for a private (no government) closed economy. All figures are in billions of dollars. Refer to the table above. If planned investment is $18 billion, then at the $660 billion level of disposable income, there will be an:

• A) Unplanned increase in inventories of $12 billion
• B) Unplanned increase in inventories of $30 billion
• C) Unplanned decrease in inventories of $12 billion
• D) Unplanned decrease in inventories of $30 billion

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Definitions:

Vertebrates

Animals with a backbone or spinal column, including mammals, birds, reptiles, amphibians, and fish.

Peripheral Vision

The ability to see objects and movement outside of the direct line of vision.

Rod Vision

A type of vision that is sensitive to low levels of light, mediated by rod cells in the retina, allowing for night vision.

Lateral Inhibition

A process in neural networks of the brain where an excited neuron reduces the activity of its neighbors, sharpening sensory perceptions and contrasts.