Solved

Assume the Economy Is Currently in Equilibrium Total Injections Are
A) $10

Question 180

Multiple Choice

Assume the economy is currently in equilibrium.Use the following information to calculate the total value of injections
 Consumption Spending $5 trillion  Net Taxes $2.9 trillion  Household Saving $2.8 trillion  Investment Spending $2.3 trillion  Government Purchases $3.4 trillion  \begin{array}{ll}\text { Consumption Spending } & \$ 5 \text { trillion } \\ \text { Net Taxes } & \$ 2.9 \text { trillion } \\ \text { Household Saving } & \$ 2.8 \text { trillion } \\ \text { Investment Spending } & \$ 2.3 \text { trillion } \\ \text { Government Purchases } & \$ 3.4 \text { trillion }\end{array}
Total injections are


A) $10.7 trillion
B) $5.1 trillion
C) $5.9 trillion
D) $5.7 trillion
E) $5.3 trillion

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions