The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy.
Table 10.2
-Consider the economy described in Table 10.2. At an income level of $2,100:
A) leakages exceed injections by $800.
B) total output exceeds aggregate expenditures by $500.
C) injections exceed leakages by $500.
D) injections are equal to total output.
E) aggregate expenditures exceed total output by $500.
Correct Answer:
Verified
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