Table 11.1 -Refer to Table 11.1. If Exports Increase by 20 (X

question 83

Multiple Choice

Table 11.1

-Refer to Table 11.1. If exports increase by 20 (X = 100) , what is the new equilibrium level of output?

• A) 1,825
• B) 2,425
• C) 7,300
• D) 9,700

---

Definitions:

Tens Of

An expression suggesting an approximate quantity or range, often used in the context of counting or estimating.

Liens

Legal claims against assets that are typically used as collateral to secure loans.

Accounts Receivable

Amounts due from clients to a business for received goods or services that remain unpaid.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.