Solved

-In the Above Table, There Are No Taxes and No

Question 282

Multiple Choice

  -In the above table, there are no taxes and no imports or exports. The equilibrium level of expenditure for this economy is A)  any level because investment always equals government expenditures. B)  no level because consumption expenditure is always less than real GDP. C)  $3,000. D)  $5,000.
-In the above table, there are no taxes and no imports or exports. The equilibrium level of expenditure for this economy is


A) any level because investment always equals government expenditures.
B) no level because consumption expenditure is always less than real GDP.
C) $3,000.
D) $5,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents