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(Advanced Analysis)Answer the Question on the Basis of the Following C=26+0.75YIg=60X=24M=10\begin{array} { l } C = 26 + 0.75 Y \\I _ { g } = 60 \\X = 24 \\M = 10\end{array}

Question 121

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following information for a private open economy.The letters Y,C,Ig,X,and M stand for GDP,consumption,gross investment,exports,and imports respectively.Figures are in billions of dollars. C=26+0.75YIg=60X=24M=10\begin{array} { l } C = 26 + 0.75 Y \\I _ { g } = 60 \\X = 24 \\M = 10\end{array} The equilibrium GDP for the open economy is:


A) $390.
B) $375.
C) $320.
D) $400.

Correct Answer:

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