Final answer:
The equilibrium level of GDP in 2016 for the United States was approximately $16.7 trillion, adjusted to 2009 dollar value to account for inflation.
Step-by-step explanation:
The question pertains to the calculation of the equilibrium level of GDP for 2016, which is a concept in economics related to the overall economic output adjusted for price changes due to inflation. According to the provided information, the Real GDP in the United States in 2016 (in 2009 dollars) was approximately $16.7 trillion. This figure has been adjusted to remove the effects of inflation, which suggests that it represents a significant growth in the economy since the beginning of the 20th century. To aid in learning, consider the GDP formula GDP = C + I + G + (X - M), where C is consumption, I is investment, G is government spending, and (X - M) is net exports. This formula is essential for understanding how the total output of an economy is calculated. For the detailed figure of the GDP growth over time, we reference the Bureau of Economic Analysis (bea.gov).To specifically address the question, while we do not have the exact figure including cents, the number provided would be rounded to $16,700.00 billion.