Question : 62) The above table gives data for the nation of : 1240562

62) The above table gives data for the nation of Mojo. At what level of real GDP is the economy at equilibrium expenditure?

A) $3.0 trillion

B) $6.0 trillion

C) $9.0 trillion

D) $12.0 trillion

E) more than $12.0 trillion.

63) The above table gives data for the nation of Mojo. At what level of real GDP is the unplanned inventory change equal to $1.75 trillion?

A) $3.0 trillion

B) $6.0 trillion

C) $9.0 trillion

D) $12.0 trillion

E) $0.0 trillion

64) The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. The equilibrium level of real GDP is

A) $800 billion.

B) $100 billion.

C) $500 billion.

D) $700 billion.

E) $900 billion.

65) The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Aggregate planned expenditure is less than actual expenditure if real GDP is

A) more than $800 billion.

B) less than $800 billion.

C) $800 billion.

D) more than $700 billion.

E) less than $700 billion.

66) The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. If real GDP is equal to $400 billion then,

A) unplanned inventory is -$200 billion.

B) unplanned inventory is $200 billion.

C) unplanned inventory is -$300 billion.

D) aggregate expenditure is equal to consumption expenditure.

E) aggregate expenditure is $450 billion.

67) The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Unplanned inventory changes are zero when real GDP equals

A) $800 billion.

B) $900 billion.

C) $300 billion.

D) $500 billion.

E) $700 billion.

68) The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Unplanned inventory changes equal $50 billion when real GDP equals

A) $900 billion.

B) $800 billion.

C) $300 billion.

D) $500 billion.

E) $700 billion.

69) The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. The equilibrium level of real GDP is

A) $500 billion.

B) $600 billion.

C) $700 billion.

D) $800 billion.

E) $400 billion.

70) The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. Aggregate planned expenditure is less than actual expenditure if real GDP is

A) $700 billion.

B) less than $700 billion.

C) more than $700 billion.

D) at the equilibrium level.

E) Both answers A and C are correct.

71) The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. If real GDP is equal to $900 billion, then

A) aggregate planned expenditure is greater than real GDP.

B) aggregate planned expenditure is less than real GDP.

C) this is the equilibrium level of real GDP.

D) aggregate planned expenditure is equal to real GDP.

E) aggregate planned expenditure will need to decrease to reach the equilibrium.