The table below shows the real gross domestic product (GDP),consumption,planned investment,and government purchases for an economy.The aggregate expenditure in equilibrium is _____.
Table 6.1

A)$1,800
B)$1,900
C)$2,000
D)$2,200
E)$2,300

Question

The table below shows the real gross domestic product (GDP),consumption,planned investment,and government purchases for an economy.The aggregate expenditure in equilibrium is _____.​ ​
Table 6.1
​

A)$1,800 
B)$1,900​ 
C)$2,000​ 
D)$2,200​ 
E)$2,300​

Quizplus · Accepted Answer

Aggregate expenditure can be calculated as the sum of consumption, planned investment, and government purchases. 
AE = C + I + G
AE = $1,200 + $500 + $300
AE = $2,000
Therefore, the aggregate expenditure in equilibrium is $2,000. The best choice is C.

The Table Below Shows the Real Gross Domestic Product (GDP),consumption,planned