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