The Following Information Is for a Closed Economy: Refer

question 96

Multiple Choice

The following information is for a closed economy: Refer to the above information.If both government spending and taxes are zero, the equilibrium level of GDP:

• A)is $200.
• B)is $300.
• C)is $400.
• D)is $500.

---

Definitions:

Dotted Decimal

A representation of IP addresses wherein four sets of numbers separated by dots indicate the unique address.

Ip Address

Internet Protocol Address, a unique string of numbers separated by periods that identifies each computer using the IP to communicate over a network.

Department of Defense

A federal agency responsible for coordinating and supervising all agencies and functions of the government directly related to national security and the United States armed forces.

Web Browser

A software application for accessing information on the World Wide Web, rendering web pages, and navigating between them.