Examlex

Solved

Refer to the Tables of Information for a Private Closed

question 119

Multiple Choice

 Gross Domestic Product  Consumption $100$120200180300240400300500360 Expected Rate of Return  Amount of Investment 25%$0202015401060580\begin{array}{l}\begin{array} { | c | c | } \hline \text { Gross Domestic Product } & \text { Consumption } \\\hline \$ 100 & \$ 120 \\\hline 200 & 180 \\\hline 300 & 240 \\\hline 400 & 300 \\\hline 500 & 360 \\\hline\end{array}\\\\\begin{array} { | c | c | } \hline \text { Expected Rate of Return } & \text { Amount of Investment } \\\hline 25 \% & \$ 0 \\\hline 20 & 20 \\\hline 15 & 40 \\\hline 10 & 60 \\\hline 5 & 80 \\\hline\end{array}\end{array} Refer to the tables of information for a private closed economy. If the real interest rate is 20 percent, the equilibrium GDP will be


Definitions:

Legislation

Laws or statutes that have been enacted by a governing body.

Supreme Court

The highest judicial body in a country or jurisdiction, often having the final authority in legal disputes and constitutional matters.

Same Sex Marriage

The legally recognized union of two individuals of the same gender, affording them the same marital rights and responsibilities as different-gender couples.

Supreme Court

The highest judicial body in a country or jurisdiction, which has the ultimate authority in interpreting the law and constitution.

Related Questions