-The above table contains information about the nation of Syldavia. There are no income taxes or imports in this nation. The equilibrium expenditure is
A) $15 billion.
B) $30 billion.
C) $10 billion.
D) $20 billion.
E) $25 billion.

Question

-The above table contains information about the nation of Syldavia. There are no income taxes or imports in this nation. The equilibrium expenditure is
A) $15 billion. 
B) $30 billion. 
C) $10 billion. 
D) $20 billion. 
E) $25 billion.

Quizplus · Accepted Answer

In the absence of a table or specific details about Syldavia's economy, the equilibrium expenditure typically refers to the point where aggregate demand equals aggregate supply in an economy. Without specific data, it's not possible to accurately determine the equilibrium expenditure from the options provided. However, if we were to assume a scenario or a standard model where government spending, investments, and consumption are given, along with a multiplier effect but without taxes or imports (as mentioned), the equilibrium could theoretically be any of the provided values. The correct answer would depend on the specific figures and relationships in the table or description, which are not provided here. Therefore, the selection of "D) $20 billion" as the correct answer is arbitrary without the context of the table or additional information about Syldavia's economy.

-The Above Table Contains Information About the Nation of Syldavia