Suppose That There Is No Government and No International Trade

question 112

Multiple Choice

Suppose that there is no government and no international trade. When C + I is less than the level of real GDP

• A) unplanned inventories decrease, and real GDP expands.
• B) unplanned inventories increase, and real GDP contracts.
• C) unplanned inventories equal zero, and there is no change in the level of real GDP.
• D) real planned investment spending equals real planned saving.

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