« previous next »

Author Question: Which one of the following is TRUE in an open economy with a government sector? A) The ... (Read 61 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Which one of the following is TRUE in an open economy with a government sector?
 
  A) The equilibrium level of real GDP occurs when total planned real expenditures equal real GDP.
  B) The equilibrium level of real GDP occurs when planned real investment spending is zero.
  C) The equilibrium level of real GDP occurs when planned real saving equals government spending.
  D) The equilibrium level of real GDP occurs when real net export spending equals zero.

Question 2

In 2012, which of the following countries had negative net export spending in GDP?
 
  A) Germany B) Hong Kong C) the United States D) China
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Anna

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 30, 2018
Thank you :)


Anna

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

True Forget-Me-Not True Forget-Me-Not
Calcium channels and muscle contraction: (a) Calcium channels open as the action potential travels ... Calcium channels and muscle contraction: (a) Calcium channels open as the action potential travels ...
The default position for the throttle plate is in slightly open position. The servomotor then is ... The default position for the throttle plate is in slightly open position. The servomotor then is ...
To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ... To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ...
Open palmar friction moving back and forth over the lumbar and thoracic regions. Open palmar friction moving back and forth over the lumbar and thoracic regions.
Video: Ciliate conjugation Animation

For a complete list of videos, visit our video library