-In the Above Table, C Is Consumption Expenditure, I Is

question 91

Multiple Choice

$$\begin{array} { | l | l | l | l | l | l | } \hline \begin{array} { l } \text { Real } \\\text { GDP }\end{array} & C & I & G & X & M \\\hline 100 & 75 & 25 & 95 & 10 & 1 \\\hline 200 & 150 & 25 & 95 & 10 & 2 \\\hline 300 & 225 & 25 & 95 & 10 & 3 \\\hline 400 & 300 & 25 & 95 & 10 & 4 \\\hline 500 & 375 & 25 & 95 & 10 & 5 \\\hline 600 & 450 & 25 & 95 & 10 & 6 \\\hline 700 & 525 & 25 & 95 & 10 & 7 \\\hline 800 & 600 & 25 & 95 & 10 & 8 \\\hline 900 & 675 & 25 & 95 & 10 & 9 \\\hline 1000 & 750 & 25 & 95 & 10 & 10 \\\hline\end{array}$$
-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X
Is exports, and M is imports. All entries are in dollars. What is the equilibrium expenditure?

• A) $1,000
• B) $700
• C) $200
• D) $500

---

Definitions:

Article I

A particular section or provision in a constitution, treaty, or other formal legal document, often referring to specific rights or obligations.

Robert Heilbroner

An American economist known for his works on the history of economic thought and capitalism.

21st and 22nd Centuries

The periods of time spanning from 2001 to 2100 and 2101 to 2200, respectively, in the Gregorian calendar.

Supremacy Clause

A clause in the U.S. Constitution declaring that federal law takes precedence over state law if there is a conflict between them.