-The Above Table Gives Data for the Nation of South

question 47

Multiple Choice

-The above table gives data for the nation of South Hampton.There are no imports into or exports from South Hampton.Aggregate planned expenditure is less than actual expenditure if real GDP is

• A)more than $700 billion.
• B)at the equilibrium level.
• C)less than $700 billion.
• D)$700 billion.
• E)Both answers A and C are correct.