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.Calculate the level of consumption spending when the economy is in equilibrium.
A) $4, 425
B) $4, 010
C) $4, 050
D) $5, 175
E) $4, 800
Correct Answer:
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Q1: The table given below shows the levels
Q3: The table given below states the value
Q4: The table given below states the value
Q5: At the equilibrium level of income, which
Q6: The table given below states the value
Q7: Assume we are at an income level
Q8: The equilibrium level of income will rise
Q9: The figure given below represents the leakages
Q10: The figure given below shows the aggregate
Q11: Which of the following can be considered
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