The Following Information Is for a Private Closed Economy,where I_g

question 32

Multiple Choice

The following information is for a private closed economy,where I_g is gross investment,S is saving,and Y is gross domestic product (GDP) .
I_g = 80
S = -80 + .4Y
-Refer to the above information.The equilibrium GDP will be:

• A) $160
• B) $400
• C) $360
• D) $480

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Definitions:

Recruits

Individuals who are newly enlisted or employed in an organization, team, military, etc., often undergoing training.

Male Birds

Adult male members of the avian class, often distinguished by colorful plumage, songs, or behaviors used in attracting mates and territorial defense.

Species' Song

A unique vocalization pattern or sound sequence that is characteristic of a particular species, often used in mating calls or territorial claims.

Throat Paralysis

A condition where muscles in the throat lose their ability to function, often affecting speech and swallowing.