GDP C S Ig$100 $100 $0 $80200 160 40 80300 220 80 80400 280 120 80500 340 160 80600 400 200 80700 460 240 80Refer to the accompanying information for a closed economy. If government now spends$80 billion at each level of GDP and taxes remain at zero, the equilibrium GDP is:

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer(d) all of the choices are correct;

answer(b) gdp is not affected by

scott's production of the jewelry box;