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The Following Table Is for a Particular Country in Which

Question 124

Multiple Choice

The following table is for a particular country in which C is consumption expenditures, Ig is gross investment expenditures, G is government expenditures, X is exports, and M is imports.All figures are in billions of dollars.Each question is independent of the other questions. The following table is for a particular country in which C is consumption expenditures, I<sub>g</sub> is gross investment expenditures, G is government expenditures, X is exports, and M is imports.All figures are in billions of dollars.Each question is independent of the other questions.   Refer to the above table.If the equilibrium level of real GDP is $43 billion in this country, its level of consumption will be: A) $18 billion. B) $20 billion. C) $22 billion. D) $26 billion. Refer to the above table.If the equilibrium level of real GDP is $43 billion in this country, its level of consumption will be:


A) $18 billion.
B) $20 billion.
C) $22 billion.
D) $26 billion.

Correct Answer:

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