Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million. based on this information, which of the following is true?
a. aggregate expenditure is equal to gdp.
b. aggregate expenditure is less than gdp.
c. aggregate expenditure is greater than gdp.
d. there was an unplanned change in inventories.

Aggregate expenditure is equal to GDP. 

Explanation:

Aggregate expenditure = Consumption + investment + Government Spending + Net Export

= $22 + $7 + $9 + $3 = $41 million

ĢDP = $22 + $7 + $9 + $3 = $41 million

Unplanned changes in inventory = Actual inventory - planned inventory

$7 -$7 million =$0

answer; the above statement is (true);

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