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The Table Shows the Consumption Schedule for a Hypothetical Economy

Question 198

Multiple Choice

The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars. The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars. Refer to the above table.If taxes were zero, government purchases of goods and services $10, planned investment $6, and net exports zero, equilibrium real GDP would be: A) $620 B) $630 C) $640 D) $650 Refer to the above table.If taxes were zero, government purchases of goods and services $10, planned investment $6, and net exports zero, equilibrium real GDP would be:


A) $620
B) $630
C) $640
D) $650

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