Multiple Choice
In the accompanying table for a particular country, C is consumption expenditures, is gross
Investment expenditures, G is government expenditures, X is exports, and M is imports. All ?gures
Are in billions of dollars. The real-balances effect of changes in the price level is
A) shown by the Price Level and C columns of the table.
B) shown by the Price Level and X columns of the table.
C) shown by the Price Level and G columns of the table.
D) not shown by the data in the table.
Correct Answer:

Verified
Correct Answer:
Verified
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