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    Exam 11: The Aggregate Expenditures Model
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    All Figures in the Table Below Are in Billions of Dollars
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All Figures in the Table Below Are in Billions of Dollars

Question 123

Question 123

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 an open economy, the equilibrium GDP will be: A)  $650 billion B)  $600 billion C)  $550 billion D)  $500 billion Refer to the above data. If this economy were an open economy, the equilibrium GDP will be:


A) $650 billion
B) $600 billion
C) $550 billion
D) $500 billion

Correct Answer:

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