Use the information in the following table to do exercises 8-15: Y $100 $300 $500 $700 C $120 $300 1 $20 $20 $4800 $20 $660 $20 G $30 $30 $30 $30 X $10 -$10 -$30 -$50

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 10E
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Use the information in the following table to do
exercises 8-15:
silt
1
$20
$20
$4800 $20
$700xi $660 $20
Y
$100
$300
$500
с
$120
$300
G
$30
$30
$30
$30
X
$10
-$10
-$30
0-$50
Transcribed Image Text:Use the information in the following table to do exercises 8-15: silt 1 $20 $20 $4800 $20 $700xi $660 $20 Y $100 $300 $500 с $120 $300 G $30 $30 $30 $30 X $10 -$10 -$30 0-$50
12. What is the equilibrium level of real GDP?
Transcribed Image Text:12. What is the equilibrium level of real GDP?
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