-The Above Table Gives Data for the Nation of South

question 6

Multiple Choice

$$\begin{array} { c c c c } \begin{array} { c } \text { Real GDP, Y } \\\text { (billions of 2005 dollars) }\end{array} & \text { Consumption expenditure, C } & \text { Investment, I } & \text { Government expenditure, G } \\\text { (billions of 2005 dollars) } & \text { (billions of 2005 dollars) } & \text { (billions of 2005 dollars) } \\\hline 100 & 150 & 150 & 100 \\200 & 200 & 150 & 100 \\300 & 250 & 150 & 100 \\400 & 300 & 150 & 100 \\500 & 350 & 150 & 100 \\600 & 400 & 150 & 100 \\700 & 450 & 150 & 100 \\800 & 500 & 150 & 100 \\900 & 550 & 150 & 100\end{array}$$
-The above table gives data for the nation of South Hampton.There are no imports into or exports from South Hampton.If real GDP is equal to $900 billion, then

• A) aggregate planned expenditure is greater than real GDP.
• B) aggregate planned expenditure is less than real GDP.
• C) this is the equilibrium level of real GDP.
• D) aggregate planned expenditure is equal to real GDP.
• E) aggregate planned expenditure will need to decrease to reach the equilibrium.

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Definitions:

Sexual Identity

Refers to how individuals perceive themselves and what they call themselves in terms of their sexuality.

Continuum

A continuous sequence or range where elements change gradually without distinct breaks or jumps.

Functionalism

A theoretical approach in sociology that views society as a complex system whose parts work together to promote solidarity and stability.

Socially Constructed

A concept or perception that exists because of collective agreement or social acceptance, not because of inherent natural qualities.