Question 1
Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Refer to Table 23.7. At an aggregate output level of $400 billion, planned expenditure equals
◦ $450 billion.
◦ $500 billion.
◦ $550 billion.
◦ $850 billion.
Question 2
Refer to the information provided in Table 23.7 below to answer the question(s) that follow.
Refer to Table 23.7. At an aggregate output level of $800 billion, aggregate saving
◦ equals -$50 billion.
◦ equals $0.
◦ equals $50 billion.
◦ cannot be determined from this information.