The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars.

-Refer to the above table.If taxes were zero,government purchases of goods and services $10,planned investment $6,and net exports zero,equilibrium real GDP would be:
A) $620
B) $630
C) $640
D) $650

Question

The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars.
 
-Refer to the above table.If taxes were zero,government purchases of goods and services $10,planned investment $6,and net exports zero,equilibrium real GDP would be:
A) $620 
B) $630 
C) $640 
D) $650

Quizplus · Accepted Answer

The Answer of The table shows the consumption schedule for a hypothetical economy.All figures are in billions of dollars.
 
-Refer to the above table.If taxes were zero,government purchases of goods and services $10,planned investment $6,and net exports zero,equilibrium real GDP would be:
A) $620 
B) $630 
C) $640 
D) $650

The Table Shows the Consumption Schedule for a Hypothetical Economy