When actual investment is greater than planned investment A firms sold less

When actual investment is greater than planned

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22.When actual investment is greater than planned investment: A.firms sold less output than expected.B. firms sold more output than expected.C. the quantity of output sold is the amount the firm expected to sell.D. the economy produces short-run equilibrium output. AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #22 Learning Objective: 21-02 Discuss the determinants of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure. Section: Planned Aggregate Expenditure
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23.When actual investment is less than planned investment: AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #23 Learning Objective: 21-02 Discuss the determinants of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure. Section: Planned Aggregate Expenditure
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24.The largest component of planned aggregate expenditure is: AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #24 Learning Objective: 21-02 Discuss the determinants of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure. Section: Planned Aggregate Expenditure
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25.The consumption function is relationship between consumption and: AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #25 Learning Objective: 21-02 Discuss the determinants of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure. Section: Planned Aggregate Expenditure
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26.In the Keynesian model, consumption depends on: A. whether the government has a budget surplus or deficit.B. potential output.C. the natural rate of unemployment.D.disposable income. AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #26 Learning Objective: 21-02 Discuss the determinants of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure. Section: Planned Aggregate Expenditure
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