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The Table Shows the Consumption Schedule for a Hypothetical Economy

Question 71

Multiple Choice

The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars.
The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars.    -Refer to the above table.If taxes were zero,government purchases of goods and services $10,planned investment $6,and net exports zero,equilibrium real GDP would be: A)  $620 B)  $630 C)  $640 D)  $650
-Refer to the above table.If taxes were zero,government purchases of goods and services $10,planned investment $6,and net exports zero,equilibrium real GDP would be:


A) $620
B) $630
C) $640
D) $650

Correct Answer:

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