Consider the Following Information Describing a Closed Economy with No

question 93

Multiple Choice

Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions. TABLE 21-4
-Refer to Table 21-4.At the equilibrium level of national income,desired consumption expenditure ($billions) will be

• A)$30.
• B)$70.
• C)$210.
• D)$240.
• E)$280.

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