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:

Negligent Misstatement

A false statement made carelessly rather than with the intent to deceive, leading to someone's loss.

Economic Loss

Financial loss experienced as a result of another’s actions or failure to act, which can include lost profits, repair costs, and decreased value of property.

Defamation

The act of communicating false statements about a person that injure the reputation of that person.

Business Interruption Insurance

An insurance that covers the loss of income a business suffers after a disaster related to closing its premises or the rebuilding process.