SCENARIO 14-3 -Referring to Scenario 14-3, One Economy in the Sample Had

question 23

Multiple Choice

SCENARIO 14-3
-Referring to Scenario 14-3, one economy in the sample had an aggregate consumption level of $3
Billion, a GDP of $3.5 billion, and an aggregate price level of 125.What is the residual for this
Data point?

• A) $2.52 billion
• B) $0.48 billion
• C) - $1.33 billion
• D) - $2.52 billion

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