Refer to the Information Provided in Table 9

question 138

Multiple Choice

Refer to the information provided in Table 9.4 below to answer the questions that follow.
Table 9.4
All Figures in Billions of Dollars

-Refer to Table 9.4.The economy is at the equilibrium level of output.If government spending decreases by $100 billion,the new equilibrium level of output is

• A)$3,100 billion.
• B)$2,400 billion.
• C)$1,550 billion.
• D)$1,450 billion.