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In a Mixed Open Economy the Equilibrium Level of GDP

Question 52

Multiple Choice

In a mixed open economy the equilibrium level of GDP is determined at that point where:

A) S_a + M + T = I_g + X +G
B) the 45-degree line and the saving schedule intersect.
C) S_a + X + G = I_g + T.
D) S_a + I_g + X = G + T.

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