-The Above Table Gives Data for the Nation of South

$$\begin{array} { c c c c } \begin{array} { c } \text { Real GDP, Y } \\\text { (billions of 2005 dollars) }\end{array} & \text { Consumption expenditure, C } & \text { Investment, I } & \text { Government expenditure, G } \\\text { (billions of 2005 dollars) } & \text { (billions of 2005 dollars) } & \text { (billions of 2005 dollars) } \\\hline 100 & 150 & 150 & 100 \\200 & 200 & 150 & 100 \\300 & 250 & 150 & 100 \\400 & 300 & 150 & 100 \\500 & 350 & 150 & 100 \\600 & 400 & 150 & 100 \\700 & 450 & 150 & 100 \\800 & 500 & 150 & 100 \\900 & 550 & 150 & 100\end{array}$$
-The above table gives data for the nation of South Hampton.There are no imports into or exports from South Hampton.Aggregate planned expenditure is less than actual expenditure if real GDP is

A) $700 billion.
B) less than $700 billion.
C) more than $700 billion.
D) at the equilibrium level.
E) Both answers A and C are correct.

Correct Answer:

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