The following question are based on the following diagram showing the equilibrium level of GDP. Exports are currently $60 billion and imports are $40 billion.
-If in the preceding question the multiplier is 3,the new level of GDP will be ________ billion.
Definitions:
Harmful Algal Blooms
Overgrowths of algae in water that can produce dangerous toxins, negatively affecting aquatic life, pets, and people, and harming the environment.
Nitrate
A compound containing nitrogen and oxygen, commonly found in fertilizers, and can lead to environmental concerns such as water pollution and eutrophication when present in high levels.
Phosphate
A salt or ester of phosphoric acid, commonly used in fertilizers, detergents, food additives, and for water treatment.
Degradable Wastes
Wastes that can break down into less harmful components over time through biological processes.
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