The Table Given Below Shows the Levels of National Income

question 4

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. What is the equilibrium level of real GDP?

• A) $935
• B) $2,100
• C) $3,320
• D) $4,800
• E) $5,230

---

Definitions:

PivotChart Style

A feature in Microsoft Excel that allows users to customize the appearance of a PivotChart, including colors, layout, and effects.

Design Tab

In software applications, particularly in office suites like Microsoft Office, a tab that contains tools and settings for modifying the design aspects of documents or presentations.

Layout Tab

An interface element within software that contains tools and options to change how documents, slides, or other items are arranged or formatted.

Filters Area

A designated section in software interfaces, particularly in data analysis tools, where users can specify criteria to refine their data view or selection.