Question: Use the following table to answer the question below for an economy that has a government and trades with other countries. All numbers are in

 Use the following table to answer the question below for an

Use the following table to answer the question below for an economy that has a government and trades with other countries. All numbers are in billions. Level of Output Consumption Investment Government Net Exports Purchases $240 $244 $4 S6 $2 S260 $260 $4 $6 $2 $280 $276 $4 $6 $2 $300 S292 $4 $6 S2 $320 $308 S4 $6 $2 $340 $324 $4 $6 $2 $360 $340 $4 $6 $2 $380 S356 $4 $6 $2 $400 $372 4 $6 $2 The equilibrium level of GDP (output) will be: $4 a) $360 b) $320 c) $260 d) $280

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