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-In the Above Table, There Are No Taxes and No

Question 70

Multiple Choice

  -In the above table, there are no taxes and no imports or exports. The equilibrium level of expenditure for this economy is A)  any level because investment always equals government expenditures. B)  no level because consumption expenditure is always less than real GDP. C)  $3,000. D)  $5,000.
-In the above table, there are no taxes and no imports or exports. The equilibrium level of expenditure for this economy is


A) any level because investment always equals government expenditures.
B) no level because consumption expenditure is always less than real GDP.
C) $3,000.
D) $5,000.

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