What is the equilibrium level of real gdp

Reference no: EM13187320

Real GDP Consumption Planned Investment Government Purchases Net Exports
$1,000 $1,000 $100 $150 -$50
2,000 1,900 100 150 -50
3,000 2,800 100 150 -50
4,000 3,700 100 150 -50

1) Using the table above, answer the following question. The numbers in the table are in billions of dollars.
a. What is the equilibrium level of real GDP?

Reference no: EM13187320

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