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please answer The table below shows levels of employment, output, consumption, and saving for a private closed economy. Possible Levels of Employment, Millions 35 Real
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The table below shows levels of employment, output, consumption, and saving for a private closed economy. Possible Levels of Employment, Millions 35 Real Domestic Output, Billions Consumption, Billions Saving, Billions $ 230 $ 239 -$9 40 250 255 -5 45 270 271 -1 50 290 287 3 55 310 303 7 60 330 319 11 65 350 335 15 370 390 351 367 19 23 70 75 Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Using the consumption and saving data above and assuming planned investment is $15 billion, answer the following questions: a. What are saving and planned investment at the $370 billion level of domestic output? Saving = $ Investment = $ billion billion b. What are saving and actual investment at that level? Saving $[ Investment = $ billion billion c. What are saving and planned investment at the $330 billion level of domestic output? Saving $[ Investment = $ billion billion d. What are the levels of saving and actual investment? Saving = $ Investment = $ billion billion e. In which direction and by what amount will unplanned investment change as the economy moves from the $370 billion level of GDP to the equilibrium level of real GDP? Unplanned inventories will [(Click to select) ] by $ billion. f. From the $330 billion level of real GDP to the equilibrium level of GDP? Unplanned inventories will [(Click to select) by $1 billion.
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