Complete the Accompanying Table and Answer the Question Based on \begin{array}{c}
\text

question 6

Multiple Choice

$\begin{array}{|c|c|c|c|c|c|}\hline\begin{array}{c}\text { Domestic Output } \\(G D P=D I) \end{array} & \begin{array}{c}\text { Aggregate } \\\text { Expenditures, } \\\text { Closed Economy }\end{array} & \text { Exports } & \text { Imports } & \text { Net Exports } & \begin{array}{c}\text { Aggregate } \\\text { Expenditures, Open } \\\text { Economy }\end{array} \\\hline \$ 200 & \$ 230 & \$ 30 & \$ 20 & \$- &\$- \\\hline 250 & 270 & 30 & 20 & -&- \\\hline 300 & 310 & 30 & 20 & -& - \\\hline 350 & 350 & 30 & 20 & -& - \\\hline 400 & 390 & 30 & 20 & -& - \\\hline 450 & 430 & 30 & 20 & -& - \\\hline 500 & 470 & 30 & 20 & -& - \\\hline\end{array}$ Complete the accompanying table and answer the question based on the resulting data. All ?gures are in billions of dollars. If the economy was closed to international trade, the equilibrium GDP and the
Multiplier would be

• A) $300 and 5.
• B) $350 and 4.
• C) $400 and 4.
• D) $350 and 5.

---

Definitions:

Constant Over Time

Refers to a variable or a condition that does not change as time progresses, remaining stable in both the short term and the long term.

Bureau of Labor Statistics

A U.S. government agency responsible for collecting and analyzing labor economics and statistics.

Current Population Survey

A monthly survey of households conducted by the Bureau of Census for the Bureau of Labor Statistics to gather employment and unemployment data.

Adult Population

The segment of the population that is considered to be of working age and is often analyzed in economic studies for labor force and unemployment statistics.