Multiple Choice
In the following table for a hypothetical country, C is consumption, I is investment, G is government purchases, X is exports, and M is imports. All figures in columns (2) to (6) are in billions of dollars
-If equilibrium real output is $32 billion in this country,the equilibrium price level will be:
A) 128
B) 122
C) 125
D) 119
E) 116
Correct Answer:
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