Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The table shows macroeconomic data for an economy. All values are given in $ billions. What is the equilibrium real output?

  • Aconsumption expenditure 110, investment 100, government expenditure 50, exports 10, imports 20, real output 100
  • Bconsumption expenditure 120, investment 100, government expenditure 60, exports 20, imports 30, real output 200
  • Cconsumption expenditure 140, investment 100, government expenditure 70, exports 30, imports 40, real output 300
  • Dconsumption expenditure 160, investment 100, government expenditure 80, exports 40, imports 50, real output 430

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