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

question 108

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 $23 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.

Comprehend the principle of reciprocal determinism and its application to behavior and personality development.

Identify the concept of locus of control and its implications on individuals' perceptions of personal influence.

Understand the notion of reinforcement value and its role in predicting behavior.

Grasp the importance of self-esteem through various stages of life.

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Definitions:

Bid

An offer made by an individual or company to buy a good, service, or asset at a specified price.

Ask

The lowest price a seller is willing to accept for an asset in financial markets.

Profit

is the financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Bid-ask Margin

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask), indicative of market liquidity.