Figure 13-2
-Refer to Figure 13-2. If real GDP is $4 trillion, consumption equals
A) 0.75 trillion.
B) 1 trillion.
C) 3 trillion.
D) 4 trillion.

Question

Figure 13-2 
-Refer to Figure 13-2. If real GDP is $4 trillion, consumption equals
A) 0.75 trillion. 
B) 1 trillion. 
C) 3 trillion. 
D) 4 trillion.

Quizplus · Accepted Answer

The question implies a consumption function or relationship where consumption is a portion of real GDP. If consumption equals $3 trillion when real GDP is $4 trillion, it suggests a consumption rate or marginal propensity to consume that aligns with this figure.

Figure 13-2 -Refer to Figure 13-2. If Real GDP Is $4 Trillion