Question: Table 11.3.1 The following table shows the relationship between aggregate planned expenditure and real GDP in the hypothetical economy of Econoworld. Real GDP (billions of

Table 11.3.1

The following table shows the relationship between aggregate planned

expenditure and real GDP in the hypothetical economy of Econoworld.

Real GDP

(billions of 2007dollars)

Aggregate planned expenditure

(billions of 2007dollars)

0

200

400

600

800

100

260

420

580

740

Refer to Table 11.3.1. Autonomous expenditure is

A.

$125 billion.

B.

$50 billion.

C.

$100 billion.

D.

zero.

E.

$500 billion.

2)

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