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 inbusinesses' costs of production makeoutput rise and prices fall.O output fall and prices rise.O output and prices fall.output and prices rise.

In an economy, equilibrium GDP is the one that will be equal to the aggregate demand of that…

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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