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Consider the Following Data

Question 77

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Consider the following data. What is the equilibrium GDP?
 Real GDP  Consumption  Investment  Government  Expenditure  Net Exports 08001,0501,1001501,2001,6001,0501,1001502,4002,4001,0501,1001503,6003,2001,0501,1001504,8004,0001,0501,1001506,0004,8001,0501,1001507,2005,6001,0501,1001508,4006,4001,0501,1001509,6007,2001,0501,100150\begin{array} { | c | c | c | c | c | } \hline \text { Real GDP } & \text { Consumption } & \text { Investment } & \begin{array} { c } \text { Government } \\\text { Expenditure }\end{array} & \text { Net Exports } \\\hline 0 & 800 & 1,050 & 1,100 & - 150 \\\hline 1,200 & 1,600 & 1,050 & 1,100 & - 150 \\\hline 2,400 & 2,400 & 1,050 & 1,100 & - 150 \\\hline 3,600 & 3,200 & 1,050 & 1,100 & - 150 \\\hline 4,800 & 4,000 & 1,050 & 1,100 & - 150 \\\hline 6,000 & 4,800 & 1,050 & 1,100 & - 150 \\\hline 7,200 & 5,600 & 1,050 & 1,100 & - 150 \\\hline 8,400 & 6,400 & 1,050 & 1,100 & - 150 \\\hline 9,600 & 7,200 & 1,050 & 1,100 & - 150 \\\hline\end{array}

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