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-Refer to the Above Diagram Where Ig Is Gross Investment,X

Question 76

Multiple Choice

-Refer to the above diagram where I<sub>g</sub> is gross investment,X is exports,G is government purchases,S and S<sub>a</sub> are saving before and after taxes respectively,M is imports,and T is net taxes,that is,taxes less transfers.The equilibrium level of GDP for this economy is: A) Y<sub>4</sub>. B) Y<sub>3</sub>. C) Y<sub>2</sub>. D) Y<sub>1</sub>.
-Refer to the above diagram where Ig is gross investment,X is exports,G is government purchases,S and Sa are saving before and after taxes respectively,M is imports,and T is net taxes,that is,taxes less transfers.The equilibrium level of GDP for this economy is:


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

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