Ignoring the Government and Foreign Sectors, If Planned Investment Spending

question 25

Multiple Choice

Ignoring the government and foreign sectors, if planned investment spending is $500 billion, planned saving is $800 billion, and real Gross Domestic Product (GDP) is $13 trillion, then unplanned inventories will

• A)decrease $300 billion.
• B)increase $300 billion.
• C)increase $800 billion.
• D)not change.

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Definitions:

Lawrence V. Texas

A landmark 2003 Supreme Court case that declared state laws criminalizing private homosexual activity to be unconstitutional, affirming the right to privacy.

Homosexual Acts

Behaviors involving romantic or sexual interactions between people of the same sex.

Supreme Court

The highest federal court in the United States, consisting of nine justices and having jurisdiction over all other courts in the nation.