econ 203 lab 3 question 3, looking for answers of a, b, c, d, e

Question 3 [8 points] The following diaglam shows the aggregate expenditure schedule for the eoonomy and the equilibrium oondition on the 45 degree line. Round all answers to the nearest whole number. 912151321242730333639 RealGDPandlnoome a) Suppose output is K. What is the level ot planned aggregate expenditure? ls planned expenditure greater or less than output? lfoutput is K, planned expenditure would be -. Planned expenditure would be _ than current b} What is the size of the unplanned change in inventories at output K. The _ in inventories amounts to -. o) How will business rms respond to this situation? Business nns will respond by _ output. d} What is the equilibrium income and expenditure? Equilibrium level of output and expenditure = 0) Suppose output is at J, is there an unplanned change in inventories? By how much? There would be _ in inventories in the amount