Consider the following information describing a closed economy with no government.Aggregate output is demand determined and the price level is constant. TABLE 21-6 Refer to Table 21-6.This economy's equilibrium level of national income is
A)500.
B)600.
C)750.
D)1000.
E)1500.

Question

Consider the following information describing a closed economy with no government.Aggregate output is demand determined and the price level is constant.  TABLE 21-6 Refer to Table 21-6.This economy's equilibrium level of national income is
A)500. 
B)600. 
C)750. 
D)1000. 
E)1500.

Quizplus · Accepted Answer

The Answer of Consider the following information describing a closed economy with no government.Aggregate output is demand determined and the price level is constant.  TABLE 21-6 Refer to Table 21-6.This economy's equilibrium level of national income is
A)500. 
B)600. 
C)750. 
D)1000. 
E)1500.

Consider the Following Information Describing a Closed Economy with No