Exhibit 9-1 GDP and consumption data As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, and net exports are - $0.5 trillion, then equilibrium GDP is:
A)$2 trillion.
B)$3 trillion.
C)$4 trillion.
D)$5 trillion.
E)$6 trillion.

Question

Exhibit 9-1 GDP and consumption data  As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, and net exports are - $0.5 trillion, then equilibrium GDP is:
A)$2 trillion. 
B)$3 trillion. 
C)$4 trillion. 
D)$5 trillion. 
E)$6 trillion.

Quizplus · Accepted Answer

The Answer of Exhibit 9-1 GDP and consumption data  As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, and net exports are - $0.5 trillion, then equilibrium GDP is:
A)$2 trillion. 
B)$3 trillion. 
C)$4 trillion. 
D)$5 trillion. 
E)$6 trillion.

Exhibit 9-1 GDP and Consumption Data as Shown in Exhibit