The Figure Given Below Represents the Leakages and Injections in an Economy

question 44

Multiple Choice

The figure given below represents the leakages and injections in an economy.
Figure 10.2
In the figure:
I, I1: Investment;
G: Government spending;
EX, EX1: Exports;
T: Taxes; and
M: Imports.
-Refer to Figure 10.2. When total injections equal $20, the equilibrium level of real GDP is:

• A) $100.
• B) $200.
• C) $300.
• D) $400.
• E) $500.

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Definitions:

Cultural Differences

Cultural differences refer to the diverse customs, beliefs, practices, and social behaviors that vary from one culture or ethnic group to another.

Americanization

The process by which American culture and values are adopted by other countries or people, influencing their way of life, consumption habits, and social norms.

Purchase Behaviors

The actions and decision-making processes of consumers when they buy products or services.

Manufacturing Operations

Processes involved in the production of goods, including designing, machining, assembling, and finishing products.