Solved

The Table Given Below Shows the Levels of National Income

Question 16

Multiple Choice

The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy. Table 10.2
The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy. Table 10.2   Consider the economy described in Table 10.2.What is the equilibrium level of real GDP? A) $935 B) $2, 100 C) $3, 320 D) $4, 800 E) $5, 230 Consider the economy described in Table 10.2.What is the equilibrium level of real GDP?


A) $935
B) $2, 100
C) $3, 320
D) $4, 800
E) $5, 230

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents