The Table Given Below Shows the Levels of National Income

question 111

Multiple Choice

The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy.
Table 10.2
$\begin{array}{l}\begin{array}{|c|c|c|c|c|c|}\hline \boldsymbol{Y} & \boldsymbol{S} & \boldsymbol{I} & \boldsymbol{G} & \boldsymbol{X} & \boldsymbol{M} \\\hline \$ 935 & -\$ 250 & \$ 320 & \$ 40 & \$ 170 & \$ 100 \\\$ 2,100 & \$ 0 & \$ 320 & \$ 140 & \$ 170 & \$ 130 \\\$ 3,320 & \$ 250 & \$ 320 & \$ 200 & \$ 200 & \$ 350 \\\$ 4,800 & \$ 375 & \$ 320 & \$ 240 & \$ 230 & \$ 415 \\\$ 5,230 & \$ 650 & \$ 320 & \$ 320 & \$ 250 & \$ 590 \\\$ 6,300 & \$ 825 & \$ 320 & \$ 340 & \$ 270 & \$ 610 \\\hline\end{array}\\\text { Taxes equal zero }\end{array}$
-Consider the economy described in Table 10.2. At an income level of $2,100:

• A) leakages exceed injections by $800.
• B) total output exceeds aggregate expenditures by $500.
• C) injections exceed leakages by $500.
• D) injections are equal to total output.
• E) aggregate expenditures exceed total output by $500.

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Definitions:

Calcitonin

A substance secreted by the thyroid gland that assists in controlling blood calcium levels by preventing the breakdown of bone.

Endocrine System

A network of glands in the body that secretes hormones directly into the bloodstream to regulate various bodily functions such as growth, metabolism, and reproduction.

Osteoporosis

Osteoporosis is a condition characterized by weakened bones, increasing the risk of fractures, often due to age-related or hormonal factors.

Calcitonin

A thyroid gland secretion crucial for the regulation of calcium quantities in the blood.