-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X is exports, and M is imports. All entries are in dollars. What is the level of aggregate planned expenditure when real GDP is equal to $900 billion?
A) $675
B) $814
C) $1,714
D) $796
Correct Answer:
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Q190: Equilibrium expenditure occurs where
A) the aggregate expenditure
Q212: Q213: At equilibrium expenditure, unplanned changes in inventory Q214: Suppose the equilibrium level of expenditure is Q216: Q218: When real GDP exceeds aggregate planned expenditures, Q219: When investment is less than planned investment, Q220: At the equilibrium expenditure Q221: Q222: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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