An open economy has GDP of $1,000 billion, consumption of $650 billion, government expenditures of $150 billion, and domestic investment of $40 billion. What is its demand for loanable funds?
A)$40 billion
B)$120 billion
C)$160 billion
D)$200 billion

Question

Quizplus · Accepted Answer

The Answer of An open economy has GDP of $1,000 billion, consumption of $650 billion, government expenditures of $150 billion, and domestic investment of $40 billion. What is its demand for loanable funds?
A)$40 billion
B)$120 billion
C)$160 billion
D)$200 billion

An Open Economy Has GDP of $1,000 Billion, Consumption of $650