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Author Question: Which one of the following is TRUE in an open economy with a government sector? A) The ... (Read 92 times)

ahriuashd

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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
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Anna

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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ahriuashd

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Reply #2 on: Jun 30, 2018
Thank you :)


Anna

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Reply #3 on: Jun 30, 2018
Happy to help you


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