If Equilibrium Output in an Open Economy Is $1000 Billion,and

question 59

Multiple Choice

If equilibrium output in an open economy is $1000 billion,and consumption is $700 billion at that level of real output,then:

• A)positive unplanned investment must be occurring
• B)net exports must be $300 billion
• C)G + I + X must equal $300 billion
• D)G + I + (X-M) must equal $300 billion
• E)G + I must equal $300 billion

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Definitions:

Good Organization

A well-structured entity with efficient processes, clear objectives, and effective communication among its members.

Good Planning

The process of defining objectives, strategies, and actions to achieve goals effectively and efficiently.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, often due to unique resources, capabilities, or positioning.

Industry

A group of companies producing similar products or services, often categorized by their primary business activities.