Previous Page Next Page Page 14 of 39 Question 14 (2 points) The figure below depicts an aggregate expenditure schedule for the nation of Nevets. It provides (in trillions of dollars) aggregate expenditure data, incomes (Y). Aggregate output (AO), and real GDP. Use it to answer the following questions Real GDP, Consumption Investment Government Exports Imports Y, AO C G X M 2.0 1.65 0.5 0.7 0.45 0.30 3.0 2.30 0.5 0.7 0.45 0.45 4.0 2.95 0.5 0.7 0.45 0.60 5.0 3.60 0.5 0.7 0.45 0.75 Which of the following is a TRUE statement? Explain why 1. At equilibrium autonomous expenditure is 1.65 trillion dollars 2. At equilibrium, there is a positive change in unplanned inventories 3. There is a negative change in unplanned inventories at real GDP level of 5 trillion dollars Paragraph B I +