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In the economy of Kwartengland the following figures are given for economic activity which was undertaken in 2013. All the figures are million Ghana Cedis

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In the economy of Kwartengland the following figures are given for economic activity which was undertaken in 2013. All the figures are million Ghana Cedis Investment Consumption Expenditure = 1000+ 0.8 YD Spending=500 Government Expenditure - 2450 Personal Taxes 100 Exports: 100 Imports = 150 1. Calculate the equilibrium real GDP for the economy 2 What is the level of consumption at the equilibrium level of GDP

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