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. If the above economy was closed to international trade, the equilibrium GDP and the multiplier would be:
A) $300 and 5.
B) $350 and 4.
C) $400 and 4.
D) $350 and 5.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: When investment remains the same at each
Q76: All else equal, a large decline in
Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q80: If aggregate expenditures exceed the domestic output
Q81: In a mixed open economy, where aggregate
Q82: If Canada wants to increase its net
Q84: If an unplanned increase in business inventories
Q86: For given data the aggregate expenditures-domestic output
Q87: In a mixed open economy, which of
Q88: An increase in government expenditures will shift