Multiple Choice
-Refer to the above figure. If real Gross Domestic Product (GDP) is $2 trillion, then
A) the level of total planned expenditures is less than real GDP.
B) the level of total planned expenditures equals real GDP.
C) the level of total planned expenditures is greater than real GDP.
D) the level of total planned expenditures equals zero.
Correct Answer:
Verified
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