Expected Rate of net profits 15% 12 Investment GDP Consumptlon $100 $100 200 300 400 40 160 80 220 120 280 160 500 340 400 200 600 Refer to the above data. If gross Investment Is $120, the equllibrlum level of GDP will be:

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
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Multiple Cholce
$370
$400
$360
5380
Transcribed Image Text:Multiple Cholce $370 $400 $360 5380
Expected Rate of net profits
15%
Investment
GDP
Consumption
$100
160
$100
12.
40
200
80
300
220
120
400
280
13
160
500
340
200
600
400
Refer to the above data. If gross Investment Is $120, the equilibrlum level of GDP will be
Multiple Cholce
S370
3400
Transcribed Image Text:Expected Rate of net profits 15% Investment GDP Consumption $100 160 $100 12. 40 200 80 300 220 120 400 280 13 160 500 340 200 600 400 Refer to the above data. If gross Investment Is $120, the equilibrlum level of GDP will be Multiple Cholce S370 3400
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