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 $27, $25, $22, $18, and $13, the equilibrium price level will be
A) 128.
B) 125.
C) 122.
D) 119.
Correct Answer:

Verified
Correct Answer:
Verified
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