Multiple Choice
Complete the following table and answer the next question(s) on the basis of the resulting data.All figures are in billions of dollars. Refer to the above table.For the open economy the equilibrium GDP and the multiplier will be:
A) $300 and 2.5.
B) $450 and 5.
C) $400 and 4.
D) $400 and 5.
Correct Answer:
Verified
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