Refer to the table above. If gross investment is $12 billion, the equilibrium level of GDP will be:
A. $260 billion
B. $270 billion
C. $280 billion
D. $290 billion
ANSWER:
C. $280 billion
Refer to the table above. If gross investment is $12 billion, the equilibrium level of GDP will be:
A. $260 billion
B. $270 billion
C. $280 billion
D. $290 billion
ANSWER:
C. $280 billion