Below is some data for a hypothetical economy:

-Refer to the information above to answer this question.What is the value of equilibrium income?
A)$3,150
B)$1,050
C)$175
D)$547
E)$1,915

Question

Below is some data for a hypothetical economy:
 
-Refer to the information above to answer this question.What is the value of equilibrium income?
A)$3,150 
B)$1,050 
C)$175 
D)$547 
E)$1,915

Quizplus · Accepted Answer

The equilibrium income is determined where aggregate demand equals aggregate supply. Without additional context or data, the correct choice is based on the given options.

Below Is Some Data for a Hypothetical Economy