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    Exam 11: The Aggregate Expenditures Model
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    Refer to the Diagram Below for a Private Closed Economy
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Refer to the Diagram Below for a Private Closed Economy

Question 201

Question 201

Multiple Choice

Refer to the diagram below for a private closed economy.In equilibrium the level of consumption: Refer to the diagram below for a private closed economy.In equilibrium the level of consumption:   A)  will be $100. B)  will be $500. C)  will be $600. D)  cannot be determined from the information given.


A) will be $100.
B) will be $500.
C) will be $600.
D) cannot be determined from the information given.

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