When Real GDP Is in Equilibrium with No Government and No

question 332

Multiple Choice

When real GDP is in equilibrium with no government and no international trade

• A) real planned investment spending equals real planned saving.
• B) real planned investment equals real planned consumption spending.
• C) unplanned inventories are increasing.
• D) unplanned inventories are decreasing.

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Definitions:

Market Culture

A type of organizational culture that is characterized by a strong emphasis on competitiveness, results, and achieving measurable goals.

Competitiveness

The ability of a company, country, or product to compete effectively and successfully in the market.

Organizational Culture

A pattern of shared norms, rules, values, and beliefs that guide the attitudes and behaviors of its employees.

Norms

The informal rules of a team’s behavior that govern the team.