If the Equilibrium Level of GDP in a Private Open

question 74

Multiple Choice

If the equilibrium level of GDP in a private open economy is $1,000 billion and consumption is $700 billion at that level of GDP, then

• A) saving must be $300 billion.
• B) net exports must be $300 billion.
• C) S + C must equal $300 billion.
• D) Ig + Xn must equal $300 billion.

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Definitions:

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An assessment tool used to measure avoidance behavior by observing how individuals react to situations or stimuli they fear.

Agoraphobic Avoidance

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A sensation of tingling, tickling, pricking, or burning on a person's skin with no apparent physical cause.

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