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All Figures in the Table Below Are in Billions of Dollars

Question 99

Multiple Choice

All figures in the table below are in billions of dollars. All figures in the table below are in billions of dollars. Refer to the above data. If exports should decrease by $20 billion at each level of GDP, other factors constant, then the equilibrium GDP for the economy will be: A) $650 billion B) $550 billion C) $500 billion D) $450 billion Refer to the above data. If exports should decrease by $20 billion at each level of GDP, other factors constant, then the equilibrium GDP for the economy will be:


A) $650 billion
B) $550 billion
C) $500 billion
D) $450 billion

Correct Answer:

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