Use the aggregate expenditures model and the following values to answer the next question.AMPCIGT$3500.75$400$400$200Determine equilibrium real GDP for this economy.

A. $4,600
B. $5,400
C. $3,800
D. $4,000

Answer: D

Economics

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What can the central bank of Autarkia do to lower the rate which banks charge each other for overnight loans? How will this affect the economy if it is facing a downturn?

What will be an ideal response?

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Refer to the figure above. The triangular region BEC shows the ________ due to the price ceiling

A) gain in consumer surplus B) loss in consumer surplus C) gain in producer surplus D) loss in producer surplus

Economics