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The Equilibrium Level of GDP for the Above Private Open

Question 10

Multiple Choice

The equilibrium level of GDP for the above private open economy is: A) Y<sub>4</sub>. B) Y<sub>3</sub>. C) Y<sub>2</sub>. D) Y<sub>1</sub>. The equilibrium level of GDP for the above private open economy is:


A) Y4.
B) Y3.
C) Y2.
D) Y1.

Correct Answer:

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