In the Accompanying Table for a Particular Country, C Is

question 73

Multiple Choice

$$\begin{array} { | c | c | c | c | c | c | c | } \hline \text { Price Level } & C & I _ { g } & G & X & M & \text { Real GDP } \\\hline 128 & \$ 18 & \$ 2 & \$ 3 & \$ 1 & \$ 5 & \\\hline 125 & 20 & 4 & 3 & 2 & 4 & \\\hline 122 & 22 & 6 & 3 & 3 & 3 & \\\hline 119 & 24 & 8 & 3 & 4 & 2 & \\\hline 116 & 26 & 10 & 3 & 5 & 1 & \\\hline\end{array}$$ In the accompanying table for a particular country, C is consumption expenditures, $I _ { g }$ is gross Investment expenditures, G is government expenditures, X is exports, and M is imports. All ?gures Are in billions of dollars. Which of the following schedules constitutes aggregate demand in this Country?

• A) \[\begin{array} { | c | r | }
• \hline \mathrm { P } & \text { GDP } \\
• \hline 128 & \$ 19 \\
• \hline 125 & 25 \\
• \hline 122 & 31 \\
• \hline 119 & 37 \\
• \hline 116 & 43 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | r | }
• \hline P & \text { GDP } \\
• \hline 128 & \$ 23 \\
• \hline 125 & 27 \\
• \hline 122 & 31 \\
• \hline 119 & 35 \\
• \hline 116 & 39 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | r | }
• \hline \mathrm { P } & \text { GDP } \\
• \hline 128 & \$ 20 \\
• \hline 125 & 22 \\
• \hline 122 & 24 \\
• \hline 119 & 26 \\
• \hline 116 & 28 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | }
• \hline P & \text { GDP } \\
• \hline 128 & \$ 34 \\
• \hline 125 & 37 \\
• \hline 122 & 40 \\
• \hline 119 & 43 \\
• \hline 116 & 46 \\
• \hline
• \end{array}\]

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