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:

Delusions of Grandeur

A false belief in one's own superiority, greatness, or power.

Historical Figure

A person who has had a significant impact on history, often remembered for their contributions or actions in shaping the course of events.

Symptom

A sign or indication of something, especially of an illness or disease.

Flat Affect

A condition characterized by a severe reduction in emotional expressiveness, often seen in schizophrenia and depression.