The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy.
Table 10.2
-Consider the economy described in Table 10.2. Calculate the value of leakages from the economy when the economy is in equilibrium.
A) $770
B) $720
C) $790
D) $600
E) $410
Correct Answer:
Verified
Q7: Assume we are at an income level
Q11: Which of the following can be considered
Q14: The figure given below shows the aggregate
Q15: The table given below shows the
Q17: The table given below shows the
Q19: The table given below states the
Q20: The table given below states the
Q22: The figure given below represents the leakages
Q27: The percentage of a change in income
Q39: Suppose an economy operates at a real
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