Use the figure below to answer the following questions.
Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, at the equilibrium level of real GDP, induced expenditure is
A)$375 billion.
B)$225 billion.
C)$347 billion.
D)$28 billion.
E)$150 billion.

Question

Use the figure below to answer the following questions.
  Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, at the equilibrium level of real GDP, induced expenditure is
A)$375 billion. 
B)$225 billion. 
C)$347 billion. 
D)$28 billion. 
E)$150 billion.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, at the equilibrium level of real GDP, induced expenditure is
A)$375 billion. 
B)$225 billion. 
C)$347 billion. 
D)$28 billion. 
E)$150 billion.

Use the Figure Below to Answer the Following Questions