Use the Table Below to Answer the Following Question(s)

question 65

Multiple Choice

Use the table below to answer the following question(s) .
Table 27.3.1
The following table shows the relationship between aggregate planned
expenditure and real GDP in the hypothetical economy of Econoworld.

-Refer to Table 27.3.1.The equilibrium level of real GDP is

• A)$525 billion.
• B)$550 billion.
• C)$450 billion
• D)$500 billion
• E)none of the above.

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Definitions:

External Validity

The extent to which the results of a study can be generalized to other situations and to other people outside of the experimental setting.

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The ambient temperature of an indoor environment, typically considered comfortable for humans, around 20-22°C (68-72°F).