Refer to the information provided in Table 24.3 below to answer ...

[big1devin]

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[SeanoH09]

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[ghost!]

Question 1

Refer to the information provided in Table 24.3 below to answer the question(s) that follow.

Refer to Table 24.3 At an output level of $2,400 billion, there is a tendency for output

◦ to fall.
◦ to increase.
◦ to remain constant.
◦ to either increase or decrease.

Question 2

Refer to the information provided in Table 24.4 below to answer the question(s) that follow.

Refer to Table 24.4. At an output level of $1,500 billion, the level of aggregate expenditure is ________ billion.

◦ $1,300
◦ $1,400
◦ $1,500
◦ $1,600

[Chocorrol77]

Answer 1

to remain constant.

Answer 2

$1,300