Using the table above, compute ure and identify the macroeconomic

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Real
GDP
$2,000
2,500
3,000
3,500
Consu
mption
$1,600
2,000
2,400
2,800
Planne
d
Invest
ment
$250
250
250
250
Govern
ment
Purcha
ses
$250
250
250
250
Net
Exports
$100
100
100
100
Refer to Table 12-2. Using the table above, compute
aggregate expenditure and identify the macroeconomic
equilibrium.
Transcribed Image Text:Real GDP $2,000 2,500 3,000 3,500 Consu mption $1,600 2,000 2,400 2,800 Planne d Invest ment $250 250 250 250 Govern ment Purcha ses $250 250 250 250 Net Exports $100 100 100 100 Refer to Table 12-2. Using the table above, compute aggregate expenditure and identify the macroeconomic equilibrium.
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