The Letters Y, C, I_g, X, and M Stand for GDP

question 15

Multiple Choice

The letters Y, C, I_g, X, and M stand for GDP, consumption, gross investment, exports, and imports respectively.Figures are in billions of dollars.C = 26 + .75Y I_g = 60
X = 24
M = 10
The equilibrium level of GDP for the above open economy is:

• A)$390
• B)$375
• C)$320
• D)$400

---

Definitions:

Ragged Right

Text formatting style where the lines are aligned on the left margin but not on the right, creating an uneven or 'ragged' right edge.

Typeface

A set of characters, numbers, and symbols that share a distinctive design, used in printed or digital text to convey style and readability.

Employee Appreciation Program

A formal scheme within an organization aimed at recognizing and rewarding employees' efforts and contributions.

Sales Representative

A professional responsible for promoting and selling products or services to customers and clients.