An Open Economy Has GDP of $1,200 Billion,consumption Expenditures of $900

question 133

Multiple Choice

An open economy has GDP of $1,200 billion,consumption expenditures of $900 billion government expenditures of $400 billion,domestic investment of $100 billion,and net exports of -$200 billion.What is its demand for loanable funds?

• A)-$200 billion
• B)-$100 billion
• C)$100 billion
• D)$200 billion

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Definitions:

Hiring Standards

The criteria and requirements set by employers that a candidate must meet to be considered for a position.

Demonstrable Relationship

A provable or observable connection between two principles, facts, or entities.

Equal Pay Act

A U.S. law enacted in 1963 aimed at abolishing wage disparity based on sex.

Equal Pay

The principle or requirement that individuals doing the same work must receive the same compensation regardless of gender, age, or other personal characteristics.