Author Question: Which one of the following is TRUE in an open economy with a government sector? A) The ... (Read 107 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
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


Anna

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Anna

  • Sr. Member
  • ****
  • Posts: 343

 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library