At the equilibrium GDP for a private open economy A net exports may be either

At the equilibrium gdp for a private open economy a

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56. At the equilibrium GDP for a private open economy: A. net exports may be either positive or negative.B. imports will always exceed exports.C. exports will always exceed imports.D. exports and imports will be equal.  Complete the following table and answer the question on the basis of the resulting data. All figures are in billions of dollars.   57. If the above economy was closed to international trade, the equilibrium GDP and the multiplier would be:  
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58. Refer to the above table. For the open economy the equilibrium GDP and the multiplier are:  59. If the multiplier in an economy is 5, a $20 billion increase in net exports will:      60. Refer to the above diagram. If (C + Ig) are the private expenditures in the closed economy and Xn2are the net exports in the open economy, we can conclude that: A. exports are negative.B. net exports are positive.C. net exports are negative.D. trade is balanced. 
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61. If the MPC in an economy is .9, a $1 billion increase in government spending will ultimately increase consumption by:  62. If MPC = .5, a simultaneous increase in both taxes and government spending of $20 will:  63. If government increases its purchases by $15 billion and the MPC is 2/3, then we would expect the equilibrium GDP to:  64. A recessionary expenditure gap is: A. the amount by which the full-employment GDP exceeds the level of aggregate expenditures.B. the amount by which equilibrium GDP falls short of the full-employment GDP.C. the amount by which investment exceeds saving at the full-employment GDP.D. the amount by which aggregate expenditures exceed the full-employment level of GDP. 
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