(Table) the Following Table Shows Data on Consumption at Various

question 264

Multiple Choice

(Table) The following table shows data on consumption at various levels of income. Suppose investment spending is $600. If there is no government spending or net exports, the equilibrium income level is

• A) $1,000.
• B) $2,000.
• C) $3,000.
• D) $4,000.

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Definitions:

United States

A federal republic in North America comprising 50 states, a federal district, five major self-governing territories, and various possessions.

Across the World

A phrase indicating global presence or applicability, spanning various countries and cultures.

Nutritional Needs

The essential vitamins, minerals, and food components required by the body to grow, function, and maintain health.

Preschool-Aged Child

A child typically between the ages of three to five years, before entering formal schooling.