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-The Above Table Gives Data for the Nation of South

Question 42

Multiple Choice

-The above table gives data for the nation of South Hampton.There are no imports into or exports from South Hampton.If real GDP is equal to $900 billion,then A) aggregate planned expenditure will need to decrease to reach the equilibrium. B) aggregate planned expenditure is equal to real GDP. C) aggregate planned expenditure is less than real GDP. D) this is the equilibrium level of real GDP. E) aggregate planned expenditure is greater than real GDP.
-The above table gives data for the nation of South Hampton.There are no imports into or exports from South Hampton.If real GDP is equal to $900 billion,then


A) aggregate planned expenditure will need to decrease to reach the equilibrium.
B) aggregate planned expenditure is equal to real GDP.
C) aggregate planned expenditure is less than real GDP.
D) this is the equilibrium level of real GDP.
E) aggregate planned expenditure is greater than real GDP.

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