-The Above Table Gives Data for the Nation of Mojo

question 125

Multiple Choice

$$\begin{array} { c c c c c c } \begin{array} { c } \text { RealGDP, } Y \\\text { (trillions of }\end{array} & \begin{array} { c } \text { Consumption } \\\text { expenditure, C }\end{array} & \begin{array} { c } \text { Government } \\\text { (trillions of } \\\text { (trillions of }\end{array} & \begin{array} { c } \text { expenditure, } G \\\text { (trillions of }\end{array} & \begin{array} { c } \text { Exports, } X \\\text { (trillions of }\end{array} & \begin{array} { c } \text { Imports, } M \\\text { (trillions of }\end{array} \\2005 \text { dollars) } & 2005 \text { dollars) } & 2005 \text { dollars) } & \text { 2005 dollars) } & \text { 2005 dollars) } & 2005 \text { dollars) } \\\hline 0.00 & 0.00 & 1.75 & 1.00 & 0.75 & 0.00 \\3.00 & 2.00 & 1.75 & 1.00 & 0.75 & 0.75 \\6.00 & 4.00 & 1.75 & 1.00 & 0.75 & 1.50 \\9.00 & 6.00 & 1.75 & 1.00 & 0.75 & 2.25 \\12.00 & 8.00 & 1.75 & 1.00 & 0.75 & 3.00\end{array}$$
-The above table gives data for the nation of Mojo.At what level of real GDP is the economy at equilibrium expenditure?

• A) $3.0 trillion
• B) $6.0 trillion
• C) $9.0 trillion
• D) $12.0 trillion
• E) more than $12.0 trillion.

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Definitions:

Selective Breeding

The process of breeding plants and animals for specific genetic traits, with the aim of producing offspring with desired characteristics.

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