Question : 72) The table above gives data for the nation of : 1240563

72) The table above gives data for the nation of Mosh. The MPC of the economy is

A) 1.

B) .75.

C) .80.

D) .90.

E) indeterminate with the information provided.

73) The table above gives data for the nation of Mosh. The amount of autonomous expenditure is

A) $4 trillion.

B) $1.5 trillion.

C) $4.5 trillion.

D) $9.0 trillion.

E) not shown in this table.

74) The table above gives data for the nation of Mosh. If real GDP is $6 trillion, then

A) firms decrease production because inventories exceed their target levels.

B) firms increase production because inventories are less than their target levels.

C) the economy has reached equilibrium and no change in production will occur.

D) firms increase production because inventories exceed their target levels.

E) We need more information to determine whether firms increase, decrease, or do not change their production.

75) The table above gives data for the nation of Mosh. If real GDP is $10 trillion, then

A) firms decrease production because inventories exceed their target levels.

B) firms increase production because inventories are less than their target levels.

C) the economy has reached equilibrium and no change in production will occur.

D) firms decrease production because inventories are less than their target levels.

E) We need more information to determine whether firms increase, decrease, or do not change their production.

76) The table above gives data for the nation of Mosh. In Mosh, equilibrium expenditure equals

A) $4 trillion.

B) $6 trillion.

C) $9 trillion.

D) $7 trillion.

E) $10 trillion.

77) The table above gives data for the nation of Mosh. If we graphed these data, we would see that when GDP equals

A) $6 trillion, the AE curve is below the 45° line.

B) $10 trillion, the 45° line is above the AE curve.

C) $9 trillion, the AE curve intersects the 45° line.

D) $4 trillion, the AE curve intersects the 45° line.

E) $10 trillion, the AE curve intersects the 45° line.

78) The table above gives data for the nation of Mosh. If real GDP is $9 trillion, then unplanned inventory change equals

A) 0.

B) $5.5 trillion.

C) $1.25 trillion.

D) $5 trillion.

E) $9 trillion.

79) In the figure above, if real GDP is $20 trillion, aggregate planned expenditure is ________ $20 trillion and unplanned inventory changes are ________.

A) less than; positive

B) equal to; equals to zero

C) less than; negative

D) equal to; negative

E) equal to; positive

80) In the figure above, if real GDP is $10 trillion, aggregate planned expenditure is

A) less than $10 trillion and unplanned inventory changes are positive.

B) equal to $10 trillion and there are no unplanned inventory changes.

C) more than $10 trillion and unplanned inventory changes are negative.

D) equal to $10 trillion and unplanned inventory changes are negative.

E) equal to $10 trillion and unplanned inventory changes are positive.

81) In the above figure, equilibrium expenditure is equal to

A) $5 trillion.

B) $10 trillion.

C) $15 trillion.

D) $20 trillion.

E) None of the above answers is correct