Refer To The Information Provided In The Table Below To Answer Questions 6-7. Aggregate Output Aggregate Consulthption Planned Investment ($ Million) ($ Million) ($ Million) 3000 2000 1600 4000 2800 1600 5000 3600 1600 6000 4400 1600 7000 5200 1600 6. At An Aggregate Output Level Of $4,000 Million, The Unplanned Inventory Change Is A) $1,200 Million. B) $400

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Refer to the information provided in the table below to answer questions 6-7. Aggregate Output ($ million) 3000 4000 5000 6000 7000 Aggregate Consumption ($ million) 2000 2800 3600 4400 5200 Planned Investment ($ million) 1600 1600 1600 1600 1600 6. At an aggregate output level of $4,000 million, the unplanned inventory change is A) $1,200 million. B) $400 million. C) $0. D) -$400 million. 7. The equilibrium level of aggregate output equals A) $3,000 million. B) $4,000 million. C) $6,000 million. D) $5,000 million. Assuming there is no government or foreign sector, the formula for the multiplier is: A) 1/MPC. 1/MPS. C) 1/(1+ MPC). Refer to the information provided in the table below to answer questions 6-7. Aggregate Output ($ million) 3000 4000 5000 6000 7000 Aggregate Consumption ($ million) 2000 2800 3600 4400 5200 Planned Investment ($ million) 1600 1600 1600 1600 1600 6. At an aggregate output level of $4,000 million, the unplanned inventory change is A) $1,200 million. B) $400 million. C) $0. D) -$400 million. 7. The equilibrium level of aggregate output equals A) $3,000 million. B) $4,000 million. C) $6,000 million. D) $5,000 million. Assuming there is no government or foreign sector, the formula for the multiplier is: A) 1/MPC. 1/MPS. C) 1/(1+ MPC).