Consumption Is $5 Million,planned Investment Spending Is $8 Million,government Purchases

question 285

Multiple Choice

Consumption is $5 million,planned investment spending is $8 million,government purchases are $10 million,and net exports are equal to $2 million.If GDP during that same time period is equal to $27 million,what unplanned changes in inventories occurred?

• A)There was an unplanned increase in inventories equal to $2 million.
• B)There was no unplanned change in inventories.
• C)There was an unplanned decrease in inventories equal to $2 million.
• D)There was an unplanned decrease in inventories equal to $19 million.

Recognize the significance of customer satisfaction and loyalty.

Identify strategies to reduce cognitive dissonance and ensure postpurchase satisfaction.

Define and differentiate key concepts such as consideration set, evaluative criteria, and points of difference.

Comprehend the economic and psychological impacts of purchase timing and sales promotions.

---

Definitions:

George W. Bush

The 43rd President of the United States, serving from 2001 to 2009, known for leading the country during the September 11 attacks and initiating the Iraq War.

Occupy Wall Street

A grassroots movement in 2011 against growing economic inequality, declining opportunity, and the depredations of Wall Street banks.

Bernie Sanders

An American politician and United States Senator from Vermont, known for his democratic socialist views and two presidential campaigns in 2016 and 2020.

Political Vocabulary

The specialized language used to describe processes, policies, positions, and practices related to governance and politics.