Solved

Consumption Is $60 Billion, Investment Is $54 Billion, Government Expenditure

Question 2

Multiple Choice

Consumption is $60 billion, investment is $54 billion, government expenditure is $47 billion, exports are $34 billion, and imports are $41 billion. What is real GDP if the economy is at macroeconomic equilibrium?


A) $161 billion
B) $195 billion
C) $168 billion
D) $154 billion

Correct Answer:

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