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.

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Definitions:

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