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. If the amounts of GDP supplied at the price levels shown (in descending
Order) are $45, $43, $40, $37, and $31, the equilibrium level of real GDP will be
A) $37 billion.
B) $35 billion.
C) $26 billion.
D) $43 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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