Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions.
TABLE 21-3
-Refer to Table 21-3.At the equilibrium level of national income,desired consumption expenditure ($billions) will be
A) $300.
B) $400.
C) $3900.
D) $3600.
E) $4000.
Correct Answer:
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