Multiple Choice
Suppose the economy is closed with national saving of $2 trillion, consumption of $8 trillion, and government purchases of $1 trillion. What is GDP?
A) $8 trillion
B) $9 trillion
C) $10 trillion
D) $11 trillion
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: What do we call financial institutions through
Q12: Which of the following could explain a
Q27: A government may use deficit financing to
Q29: The sale of either stocks or bonds
Q35: Suppose government expenditures on goods and services
Q68: The economy's two most important financial markets
Q88: Institutions that help to match one person's
Q96: National saving<br>A)is the total income in the
Q133: Credit risk refers to the probability that
Q144: Which of the following is not a