The Table Given Below Shows the Levels of National Income

question 27

Multiple Choice

The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy. Table 10.2
Consider the economy described in Table 10.2.Calculate the level of consumption spending when the economy is in equilibrium.

• A)$4, 425
• B)$4, 010
• C)$4, 050
• D)$5, 175
• E)$4, 800

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Definitions:

Fathers

Male parents who have a biological or social role in raising their offspring, providing support, protection, and guidance.

Biological Fathers

Refers to the males who have contributed their genetic material to the conception of a child.

American Children

Children who have nationality, residency, or cultural heritage associated with the United States.

Live Apart

Refers to the situation where individuals maintain separate residences or live in different locations.