The Table Gives Data for a Private Closed Economy

question 92

Multiple Choice

$$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Possible Levels of Domestic Output and } \\\text { Income (GDP = DI) }\end{array} & \text { Consumption } \\\hline \$ 320 & \$ 320 \\\hline 330 & 327 \\\hline 340 & 334 \\\hline 350 & 341 \\\hline 360 & 348 \\\hline 370 & 355 \\\hline 380 & 362 \\\hline\end{array}$$ The table gives data for a private closed economy. If gross investment is $12 billion, the equilibrium level of GDP will be

• A) $380.
• B) $370.
• C) $360.
• D) $350.

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