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Real GDP C I G X - M AE 11 7.7 2 2.5 -0.2 12 8.4 2 2.5 -0.4 13 9.1 2 2.5 -0.6 14
Real GDP | C | I | G | X - M | AE |
11 | 7.7 | 2 | 2.5 | -0.2 |
|
12 | 8.4 | 2 | 2.5 | -0.4 |
|
13 | 9.1 | 2 | 2.5 | -0.6 |
|
14 | 9.8 | 2 | 2.5 | -0.8 |
|
10) In the above table, C is consumption expenditure, I is investment, G is government expenditure, and X - M is net exports. All entries are in dollars. The equilibrium level of real GDP is
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