In a mixed open economy the equilibrium level of GDP is determined at that point where: A) S_a + M + T = I_g + X +G B) the 45-degree line and the saving schedule intersect. C) S_a + X + G = I_g + T. D) S_a + I_g + X = G + T.

Question

Quizplus · Accepted Answer

The Answer of In a mixed open economy the equilibrium level of GDP is determined at that point where: A) S_a + M + T = I_g + X +G B) the 45-degree line and the saving schedule intersect. C) S_a + X + G = I_g + T. D) S_a + I_g + X = G + T.

In a Mixed Open Economy the Equilibrium Level of GDP