Multiple Choice
(Advanced analysis) Answer the question on the basis of the following information for a mixed open economy.The letters Y,Ca,Ig,Xn,G,and T stand for GDP,consumption,gross investment,net exports,government purchases,and net taxes respectively.Figures are in billions of dollars. Refer to the information.If government desired to raise the equilibrium GDP to $650,it could:
A) raise G by $45 and reduce T by $10.
B) raise G by $40 and reduce T by $30.
C) raise G by $30 or reduce T by $40.
D) raise both G and T by $40.
Correct Answer:

Verified
Correct Answer:
Verified
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