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All Figures in the Table Below Are in Billions of Dollars

Question 115

Multiple Choice

All figures in the table below are in billions of dollars. All figures in the table below are in billions of dollars. Refer to the above data. If this economy were closed to international trade, then the equilibrium GDP and the multiplier would be: A) $500 billion and 5 B) $500 billion and 4 C) $600 billion and 5 D) $600 billion and 4 Refer to the above data. If this economy were closed to international trade, then the equilibrium GDP and the multiplier would be:


A) $500 billion and 5
B) $500 billion and 4
C) $600 billion and 5
D) $600 billion and 4

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