Multiple Choice
The following table is for a particular country in which C is consumption expenditures, Ig is gross investment expenditures, G is government expenditures, X is exports, and M is imports.All figures are in billions of dollars.Each question is independent of the other questions. Refer to the above table.If the equilibrium level of real GDP is $43 billion in this country, its level of consumption will be:
A) $18 billion.
B) $20 billion.
C) $22 billion.
D) $26 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Q58: The real-balances, interest rate, and foreign trade
Q59: Which one of the following would increase
Q60: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Which of the
Q61: We would expect a decline in personal
Q62: The following table gives information about the
Q64: Which of the factors below best explain
Q65: The factors which affect the amounts that
Q66: A change in business taxes and regulation
Q67: In terms of aggregate supply, the short
Q68: The foreign trade effect suggests that a