Multiple Choice
The table given below shows the values of different components of aggregate expenditure of an economy. The equilibrium level of gross domestic product (GDP) is _____.
A) $5.0 trillion
B) $5.5 trillion
C) $6.0 trillion
D) $6.5 trillion
E) $7.0 trillion
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: The table given below shows the values
Q52: In an economy without a government and
Q65: Which of the following is true of
Q85: If the level of autonomous spending in
Q98: An increase in the price level in
Q105: If the simple spending multiplier is 10,the
Q120: Movement along the aggregate expenditure line is
Q121: Expectations that the price level will decrease
Q125: The higher the opportunity cost of borrowing,the
Q146: The smaller the marginal propensity to save,other