Question 41The following equations describe the economy:C= 150 + 0.9Yd| = 150G = 250X 200IM = 0.06YT= 0.1YAt the equilibrium level of GDP, net exports are equal toa).-180O b) - -20Oc) 200O d) 20Next PagePrevious PageQuestion 40The following equations describe the economy:C = 150 + 0.9Y| = 150G = 250X 200IM = 0.06YT= 0.1YIn equilibrium GDP is equal toa) 3,000b) 750Oc) 3,750O d) 7,500

GDP is the sum of consumption, investment, government spending and net exports. Net exports is the…

Question 41 The following equations describe the economy: C = 150 + 0.9Y 1 = 150 G = 250 X 200 IM = 0.06Y T 0.1Y At the equilibrium level of GDP, net exports are equal to a).-180 O b) - -20 Oc) 200 d) 20 Next Page Previous Page Question 40 The following equations describe the economy: C = 150 + 0.9Yd | = 150 G = 250 X 200 IM = 0.06Y T 0.1Y In equilibrium GDP is equal to Оa) 3,000

Question 41 The following equations describe the economy: C = 150 + 0.9Y 1 = 150 G = 250 X 200 IM = 0.06Y T 0.1Y At the equilibrium level of GDP, net exports are equal to a).-180 O b) - -20 Oc) 200 d) 20 Next Page Previous Page Question 40 The following equations describe the economy: C = 150 + 0.9Yd | = 150 G = 250 X 200 IM = 0.06Y T 0.1Y In equilibrium GDP is equal to Оa) 3,000

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 16E

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