Consumption
Government
Real GDP, Y expenditure, C Investment, I expenditure, G
(billions of 2000 (billions of 2000 (billions of 2000 (billions of 2000
Exports, X
(billions of
Imports, M
(billions of
dollars)
dollars)
dollars)
dollars)
2000 dollars) 2000 dollars)
200
260
100
100
50
70
400
420
100
100
50
90
600
580
100
100
50
110
800
740
100
100
50
130
1,000
900
100
100
50
150
1,200
1,060
100
100
50
170
1,400
1,220
100
100
50
190
1,600
1,380
100
100
50
210
1,800
1,540
100
100
50
230
a.
3) The above table gives information for the nation of East Hampton.
Find aggregate planned expenditure for each level of real GDP.
3)
b. What is the MPC?
C. What is the equilibrium level of real GDP?