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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