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Figure 13-6 -Refer to Figure 13-6. Let Y = Real GDP, AE

Question 122

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Figure 13-6 Figure 13-6 -Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JI<sub>P</sub> = Planned Investment, G = Government Purchases. Further, I<sub>P</sub> and G are autonomous. The equilibrium level of real GDP is A) $800 billion. B) $1,000 billion. C) $1,600 billion. D) $3,200 billion.
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JIP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. The equilibrium level of real GDP is


A) $800 billion.
B) $1,000 billion.
C) $1,600 billion.
D) $3,200 billion.

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