Neptune country is an open economy with GDP of $11,000, consumption of $4,500, and government purchases of $900. Which of the following is equal to $5,600? domestic investment. domestic investment plus net exports. O domestic investment minus net exports. domestic investment minus net capital outflow.
Neptune country is an open economy with GDP of $11,000, consumption of $4,500, and government purchases of $900. Which of the following is equal to $5,600? domestic investment. domestic investment plus net exports. O domestic investment minus net exports. domestic investment minus net capital outflow.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 6QR
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![Neptune country is an open economy with GDP of $11,000, consumption of
$4,500, and government purchases of $900. Which of the following is equal to
$5,600?
O domestic investment.
domestic investment plus net exports.
domestic investment minus net exports.
O domestic investment minus net capital outflow.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F82822d36-839b-45cb-aa91-8fb7951a387e%2F9e0b1c27-c6ae-4dc6-b36d-cbd0ec9d266a%2Frgcgqnd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Neptune country is an open economy with GDP of $11,000, consumption of
$4,500, and government purchases of $900. Which of the following is equal to
$5,600?
O domestic investment.
domestic investment plus net exports.
domestic investment minus net exports.
O domestic investment minus net capital outflow.
![Recall the Aggregate Demand and Aggregate Supply model, in the short-run, a reduction in
businesses' costs of production make
output rise and prices fall.
O output fall and prices rise.
O output and prices fall.
output and prices rise.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F82822d36-839b-45cb-aa91-8fb7951a387e%2F9e0b1c27-c6ae-4dc6-b36d-cbd0ec9d266a%2Frp4zxup_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Recall the Aggregate Demand and Aggregate Supply model, in the short-run, a reduction in
businesses' costs of production make
output rise and prices fall.
O output fall and prices rise.
O output and prices fall.
output and prices rise.
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