In a Mixed Open Economy, the Equilibrium GDP Exists Where

question 179

Multiple Choice

In a mixed open economy, the equilibrium GDP exists where

• A)Ca + I g + Xn intersects the 45-degree line.
• B)Ca + I g = Sa + T + X.
• C)Ca + Ig + Xn + G = GDP.
• D)Ca + I g + Xn = Sa + T.

---

Definitions:

U.S. Currency

U.S. Currency refers to the official money issued by the United States, which includes both paper money and coins.

U.S. Dollar

The official currency of the United States, symbolized as $ and represented by the ISO code USD.

Danish Krone

The official currency of Denmark, represented by the symbol DKK and often abbreviated as kr.

U.S. Dollars

The currency unit used in the United States, known for being the world's primary reserve currency.