In the following table for a hypothetical country, C is consumption, I is investment, G is government purchases, X is exports, and M is imports. All figures in columns (2) to (6) are in billions of dollars
-If this nation's equilibrium price level is 125,its net exports will be:
A) -$4 billion
B) -$2 billion
C) $0
D) $2 billion
E) $4 billion
Correct Answer:
Verified
Q74: If a nation's real output is growing
Q75: Q76: An inflationary gap can best be described Q77: In any economy: Q78: If the real output of a low-income![]()
A)government purchases and saving are
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