# ECONOMICS

this is a table with some questions and i don't know how to solve it
-------------table--------------------
(1)real domestic output (GDP=DI) in billions
\$200
\$250
\$300
\$350
\$400
\$450
\$500
\$550
(2)aggregate expenditures private closed economy billions
\$240
\$280
\$320
\$360
\$400
\$440
\$480
\$520
(3)exports billions
\$20
\$20
\$20
\$20
\$20
\$20
\$20
\$20
(4)imports billions
\$30
\$30
\$30
\$30
\$30
\$30
\$30
\$30
(5)net exports private economy
--
--
--
--
--
--
--
--
(6)aggregate expenditures open,billions
--
--
--
--
--
--
--
--
--
--------------------------------------
the 1st question is use columns 1 and 2 to determine the equilibrium GDP for this hypothetical economy.
2.fill in columns 5 and 6 to determine the equilibrium GDP for the open economy.
3. Given the original \$20 billion level of exports, what would be the equilibrium GDP if imports were \$10 billion greter at each level of GDP?
4. What is the multiplier in this example?

1. 👍 0
2. 👎 0
3. 👁 136

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