Complete the following table and answer the next question(s) on the basis of the resulting data.All figures are in billions of dollars. If the above economy was closed to international trade, the equilibrium GDP and the multiplier would be:
A)$300 and 5.
B)$350 and 4.
C)$400 and 4.
D)$350 and 5.

Question

Complete the following table and answer the next question(s) on the basis of the resulting data.All figures are in billions of dollars.  If the above economy was closed to international trade, the equilibrium GDP and the multiplier would be:
A)$300 and 5. 
B)$350 and 4. 
C)$400 and 4. 
D)$350 and 5.

Quizplus · Accepted Answer

The Answer of Complete the following table and answer the next question(s) on the basis of the resulting data.All figures are in billions of dollars.  If the above economy was closed to international trade, the equilibrium GDP and the multiplier would be:
A)$300 and 5. 
B)$350 and 4. 
C)$400 and 4. 
D)$350 and 5.

Complete the Following Table and Answer the Next Question(s) on the Basis