Multiple Choice
The following table is for a particular country in which C is consumption expenditures,Ig is gross investment expenditures,G is government expenditures,X is exports,and M is imports.All figures are in billions of dollars.Each question is independent of the other questions.
-Refer to the above table.If the aggregate supply schedule intersects the aggregate demand at price level 119 in this country,its equilibrium level of real GDP will be:
A) $37 billion.
B) $35 billion.
C) $26 billion.
D) $43 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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