Using the Following Table,answer the Following Questions

question 17

Essay

Using the following table,answer the following questions.The numbers in the table are in billions of dollars.
a. What is the equilibrium level of real GDP?
b. What is the MPC?
c. If investment spending declines by 50,what will happen to equilibrium GDP?

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Definitions:

Tender Offer

A proposal by an entity to purchase shares from shareholders of another company, usually at a premium to the market price.

Target's Shares

Equity stakes in the Target Corporation, a publicly traded company known for its retail operations.

Price

Exchange value of a good or service.

Leverage

The use of borrowed funds or other financial instruments to increase the potential return of an investment.