-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X is exports, and M is imports. All entries are in dollars. What is the level of aggregate planned expenditure when real GDP is equal to $900 billion?
A) $675
B) $796
C) $814
D) $1,714
Correct Answer:
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Q179: Suppose that in 2019, firms discover that
Q180: If real GDP is $19 trillion and
Q181: Q182: When investment exceeds planned investment, aggregate planned Q183: Q185: Equilibrium expenditure occurs where the aggregate expenditure Q186: Q187: Equilibrium expenditure occurs where Q188: If aggregate planned expenditure is less than Q189: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) the aggregate expenditure