Multiple Choice
The following table is for a particular country in which C is consumption expenditures,Ig is gross investment expenditures,G is government expenditures,X is exports,and M is imports.All figures are in billions of dollars.Each question is independent of the other questions.
-Refer to the above table.The wealth or real balances effect of changes in the price level is:
A) shown by columns (1) and (2) of the table.
B) shown by columns (1) and (5) of the table.
C) shown by columns (1) and (4) of the table.
D) not shown by the data in the table.
Correct Answer:
Verified
Correct Answer:
Verified
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