The Accompanying Schedule Contains Data for a Private Closed Economy

question 48

Multiple Choice

$$\begin{array} { | c | c | } \hline G D P & C \\\hline \$ 140 & \$ 150 \\\hline 180 & 180 \\\hline 220 & 210 \\\hline 260 & 240 \\\hline 300 & 270 \\\hline\end{array}$$ The accompanying schedule contains data for a private closed economy. All ?gures are in billions. If gross investment is $10 at all levels of GDP, the equilibrium GDP will be

• A) $300.
• B) $260.
• C) $220.
• D) $180.

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Definitions:

Institutional Discrimination

Discrimination carried out systematically by institutions (political, economic, educational, and others) that affects all members of a group who come into contact with it.

Jim Crow Laws

Racial segregation laws enacted in the Southern United States after the Reconstruction period, lasting until the mid-20th century, that enforced discrimination against African Americans.

Separate Facilities

Spaces or services provided separately for different groups of people, often based on race, gender, or other social categories, historically associated with discrimination.

Internalized Racism

The personal conscious or subconscious acceptance of the racial stereotypes and biases of the dominant culture, causing individuals to act against their own ethnic group.