-The above table gives real GDP and the aggregate expenditure schedule.Equilibrium real GDP is
A)$14 billion.
B)$10 billion.
C)$11 billion.
D)$12 billion.
E)$13 billion.

Name: -The above table gives real GDP and the aggregate expenditure schedule.Equilibrium real GDP is A)$14 billion. B)$10 billion. C)$11 billion. D)$12 billion. E)$13 billion.
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Question

-The above table gives real GDP and the aggregate expenditure schedule.Equilibrium real GDP is
A)$14 billion. 
B)$10 billion. 
C)$11 billion. 
D)$12 billion. 
E)$13 billion.

Quizplus · Accepted Answer

Equilibrium real GDP occurs where aggregate expenditure equals real GDP.

-The Above Table Gives Real GDP and the Aggregate Expenditure