The Table Shows a Consumption Schedule

question 93

Multiple Choice

The table shows a consumption schedule. All figures are in billions of dollars. Refer to the above information. If planned investment was $20 billion, government purchases of goods and services were $20 billion, and taxes and net exports were zero, then the equilibrium level of GDP would be:

• A) $600 billion
• B) $640 billion
• C) $680 billion
• D) $720 billion

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Definitions:

Height And Weight

Physical measurements that provide important indicators of an individual's health and nutritional status.

Measuring Process

The act or method of determining the size, quantity, or degree of something.

Asian Women

Refers to females of Asian descent, which encompasses a wide range of cultures, ethnicities, and countries within the Asian continent.

Male Relatives

Family members who are male, including fathers, sons, brothers, uncles, and grandfathers.