Which One of the Following Is True in an Open

question 293

Multiple Choice

Which one of the following is true in an open economy with a government sector?

• A) The equilibrium level of real GDP occurs when real net export spending equals zero.
• B) The equilibrium level of real GDP occurs when planned real saving equals government spending.
• C) The equilibrium level of real GDP occurs when total planned real expenditures equal real GDP.
• D) The equilibrium level of real GDP occurs when planned real investment spending is zero.

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