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(Advanced analysis) The equations give information for a private open economy. The letters Y, C, Ig, X, and M stand for GDP, consumption, gross investment, exports, and imports, respectively. Figures are in
Billions of dollars. The equilibrium GDP for the open economy is
Fluid G
Refers to one of the two types of general intelligence, characterized by the ability to reason quickly and solve new problems independently of previously acquired knowledge.
Artistic Intelligence
The ability to create, understand, and appreciate art and its aesthetic values.
New Problems
Unfamiliar or unforeseen challenges that require critical thinking and innovative solutions.
Fluid Intelligence
denotes the capacity to reason quickly and think abstractly, solving novel problems without relying extensively on learned knowledge and experience.
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