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Consider the Following Data A)95
B)90
C)80
D)40

Question 16

Multiple Choice

Consider the following data. What is the equilibrium GDP in this economy (in billions of dollars) ?  Aggregate  Expenditure  (billions of $)   Real GDP  (billions of $)  352050406560808095100\begin{array} { | c | c | } \hline \begin{array} { c } \text { Aggregate } \\\text { Expenditure } \\\text { (billions of \$) }\end{array} & \begin{array} { c } \text { Real GDP } \\\text { (billions of \$) }\end{array} \\\hline 35 & 20 \\\hline 50 & 40 \\\hline 65 & 60 \\\hline 80 & 80 \\\hline 95 & 100 \\\hline\end{array}


A) 95
B) 90
C) 80
D) 40

Correct Answer:

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