The table shows a private open economy. All figures are in billions of dollars. Refer to the above table. If the investment Ig in this economy is independent of income GDP, then a $10 increase in its net exports would increase its equilibrium real GDP by:
A) $25
B) $50
C) $100
D) $200
Correct Answer:
Verified
Q49: Actual investment is $28 billion and saving
Q50: Q51: All figures in the table below are Q52: In a private closed economy where MPC Q53: Other things being equal, the effect of Q55: Which of the following statements is correct? Q56: Net exports are negative when: Q57: Consumption is $141 billion, planned investment is Q58: Other things constant, if domestic consumers purchase Q59: All figures in the table below are
A)
A) Net exports
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