Which One of the Following Is TRUE in an Open

Multiple Choice

Which one of the following is TRUE in an open economy with a government sector?

A) The equilibrium level of real GDP occurs when real net export spending equals zero.
B) The equilibrium level of real GDP occurs when planned real saving equals government spending.
C) The equilibrium level of real GDP occurs when total planned real expenditures equal real GDP.
D) The equilibrium level of real GDP occurs when planned real investment spending is zero.