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Real GDP C I 3. The above table gives information for the nation of North Hampton. There are no imports to or exports from North Hampton. a) Find aggregate planned expenditure for each level of real GDP. b) What is the equilibrium level of real GDP? (billions of (billions of (billions of (billions of | 2000 dollars) 2000 dollars) 2000 dollars) 2000 dollars) 100 150 150 150 200 200 150 150 150 150 300 250 150 400 300 150 500 350 150 150 600 400 150 150 700 450 150 150 800 900 500 150 150 550 150 150

Real GDP C I 3. The above table gives information for the nation of North Hampton. There are no imports to or exports from North Hampton. a) Find aggregate planned expenditure for each level of real GDP. b) What is the equilibrium level of real GDP? (billions of (billions of (billions of (billions of | 2000 dollars) 2000 dollars) 2000 dollars) 2000 dollars) 100 150 150 150 200 200 150 150 150 150 300 250 150 400 300 150 500 350 150 150 600 400 150 150 700 450 150 150 800 900 500 150 150 550 150 150

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 4.8P
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Real GDP C I G 3. The above table gives information for the nation of North Hampton. There are no imports to or exports from North Hampton. a) Find aggregate planned expenditure for each level of real GDP. b) What is the equilibrium level of real GDP? (billions of (billions of (billions of (billions of 2000 dollars) 2000 dollars) 2000 dollars) 2000 dollars) 100 150 150 150 150 200 200 150 300 250 150 150 400 300 150 150 500 350 150 150 600 400 150 150 700 450 150 150 800 500 150 150 900 550 150 150
Transcribed Image Text:Real GDP C I G 3. The above table gives information for the nation of North Hampton. There are no imports to or exports from North Hampton. a) Find aggregate planned expenditure for each level of real GDP. b) What is the equilibrium level of real GDP? (billions of (billions of (billions of (billions of 2000 dollars) 2000 dollars) 2000 dollars) 2000 dollars) 100 150 150 150 150 200 200 150 300 250 150 150 400 300 150 150 500 350 150 150 600 400 150 150 700 450 150 150 800 500 150 150 900 550 150 150
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