At the Current Level of Real GDP

question 19

Essay

At the current level of real GDP,
S_a = $160
I_g = $180
X = $320
M = $280
G = $270
T = $240
(a)What is the size of injections? Leakages?
(b)Is GDP at its equilibrium level? Explain.
(c)What is the unplanned change in inventories? Explain.

---

Definitions:

Physical Health

Refers to the well-being of the body and the proper functioning of the organism of individuals.

Personal Hygiene

Practices and habits aimed at maintaining the body's cleanliness and appearance for good health and social reasons.

Illegal Drug Use

The consumption of substances that are prohibited by law, which can include recreational drugs that are not sanctioned for use.

Household Chores

Routine tasks related to the maintenance and organization of the home, such as cleaning, cooking, and laundry.