Refer to Table 1. At the equilibrium level of income, leakages equal ________ billion. Group of answer choices$100$300$200$0 Output Consumption(Income) Spending4004008007001,2001,0001,6001,3002.0001,600All Numbers are in $ BillionNetTaxes100100100100100Investment GovernmentSpendingSpending200100200100200100200100200100

At equilibrium, the leakages equal injections. When the planned injections exceed leakages, there…

Answered: Refer to Table 1. At the equilibrium…

Refer to Table 1. At the equilibrium level of income, leakages equal ________ billion. Group of answer choices $100 $300 $200 $0

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Measuring A Nation's Income

Section15.3: The Components Of Gdp

Problem 3QQ

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Question

Refer to Table 1. At the equilibrium level of income, leakages equal ________ billion.

Group of answer choices

$100

$300

$200

Output Consumption
(Income) Spending
400
400
800
700
1,200
1,000
1,600
1,300
2.000
1,600
All Numbers are in $ Billion
Net
Taxes
100
100
100
100
100
Investment Government
Spending
Spending
200
100
200
100
200
100
200
100
200
100

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