Multiple Choice
In a mixed open economy, the equilibrium GDP exists where
A) Ca + I g + Xn intersects the 45-degree line.
B) Ca + I g = Sa + T + X.
C) Ca + Ig + Xn + G = GDP.
D) Ca + I g + Xn = Sa + T.
Correct Answer:
Verified
Related Questions
Q54: C = 26 + 0.75Y I g
Q55: Suppose the economy is operating at its
Q59: In a mixed closed economy,
A)government purchases and
Q60: A lump-sum tax causes the after-tax consumption
Q61: Ca = 25 + 0.75 (Y -
Q62: Which of the following would reduce GDP
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents