Question: 40 and forty one Answer the question below on the basis of the following information for a private closed economy: Refer to the information. If
40 and forty one Answer the question below on the basis of the following information for a private closed economy: Refer to the information. If the real interest rate is 10 percent, the equilibrium GDP will be: A. $100. B. $200. C. $300. D. $400. Answer the question below on the basis of the following information for a private closed economy: Refer to the information. The multiplier for this economy is: B. 4. D. 2 Other things equal, if a change in the tastes American consumers causes them to purchase more foreign at each level of U.S. GDP, then: U.S. real GDP will rise. inflation will occur domestically. U.S. real GDP will fall. unemployment will decrease domestically
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