-The Above Table Gives Real GDP and the Aggregate Expenditure

question 272

Multiple Choice

$$\begin{array} { c c } \begin{array} { c } \text { Real GDP } \\\text { (billions of 2005 dollars) }\end{array} & \begin{array} { c } \text { Aggregate expenditure } \\\text { (billions of 2005 dollars) }\end{array} \\\hline 10 & 10.50 \\11 & 11.25 \\12 & 12.00 \\13 & 12.75 \\14 & 13.50 \\15 & 14.25\end{array}$$
-The above table gives real GDP and the aggregate expenditure schedule.Equilibrium real GDP is

• A) $11 billion.
• B) $12 billion.
• C) $13 billion.
• D) $14 billion.
• E) $10 billion.

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