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

Question 17

Multiple Choice

-In the above table, there are no taxes and no imports or exports. The total level of expenditure in the economy when real GDP is $7,000 is A) $7,000. B) $6,500. C) $13,500. D) 0.75.
-In the above table, there are no taxes and no imports or exports. The total level of expenditure in the economy when real GDP is $7,000 is


A) $7,000.
B) $6,500.
C) $13,500.
D) 0.75.

Correct Answer:

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