if investment spending at each level of output increases by $120 billion, what will equilibrium output and income be? Given the following table, which level ofoutput is the equilibrium level?$ 7,700B$ 8,000C$ 8,300$ 8,600E$ 8,900Output Consumption Investment Government Export(Income) SpendingImportSpending Spending SpendingSpending$7,700$8,000$8,300$8,600$8,900$1,100$1,100$1,100$1,100$1,100$1,300$1,300$1,500$1,500$1,500$1,500$1,500$1,000$1,000$1,000$1,000$1,000$5,240$5,420$5,600$5,780$5,960$1,300$1,300$1,300A

Equilibrium Output is the amount of output in an economy where Aggregate Demand equals Aggregate…

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if investment spending at each level of output increases by $120 billion, what will equilibrium output and income be?

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Question

if investment spending at each level of output increases by $120 billion, what will equilibrium output and income be?

Given the following table, which level of
output is the equilibrium level?
$ 7,700
B
$ 8,000
C
$ 8,300
$ 8,600
E
$ 8,900
Output Consumption Investment Government Export
(Income) Spending
Import
Spending Spending Spending
Spending
$7,700
$8,000
$8,300
$8,600
$8,900
$1,100
$1,100
$1,100
$1,100
$1,100
$1,300
$1,300
$1,500
$1,500
$1,500
$1,500
$1,500
$1,000
$1,000
$1,000
$1,000
$1,000
$5,240
$5,420
$5,600
$5,780
$5,960
$1,300
$1,300
$1,300
A

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