In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3
Refer to Table 9.3.The intercept of the C+ I+ G+ X function is at an aggregate expenditures level of:
A)$125.
B)$150.
C)$275.
D)$315.
E)$335.

Question

In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3
 Refer to Table 9.3.The intercept of the C+ I+ G+ X function is at an aggregate expenditures level of:
A)$125. 
B)$150. 
C)$275. 
D)$315. 
E)$335.

Quizplus · Accepted Answer

The intercept of the C + I + G + X function is the point where all four components of the aggregate expenditure are zero. From the table, it can be seen that this occurs at a level of $315, which is the value in the row where all four components are zero. Therefore, the answer is D, $315.

In the Table Given Below Y Represent the Aggregate Expenditure