Suppose Desired Consumption $11 Billion,desired Investment $1 Billion,and Government Purchases
Multiple Choice
Suppose desired consumption $11 billion,desired investment $1 billion,and government purchases of goods and services $4 billion.If the desired foreign lending in this economy is $4 billion,what is the GDP?
A) $20 billion
B) $16 billion
C) $12 billion
D) $10 billion
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Suppose output is $35 billion,government purchases are
Q84: A large open economy is an economy<br>A)that
Q85: A large open economy increases its investment
Q86: When future labour income falls in a
Q87: If a French company sells 1000 gallons
Q89: When a temporary adverse supply shock hits
Q91: An innovation will enable Haitian sugar cane
Q92: Suppose the current account shows debits of
Q93: If Canada donates footballs to Japan,how is
Q94: The best weather in a decade has