The Swiss National Bank established the practice of targeting monetary aggregates in ________

Refer to Table 10.1. Suppose that all of the information given in the Table remains the same except that taxes increase by $1.0 billion and transfers increase by $1.5 billion. Equilibrium real GDP for this economy is equal to

A) $6.25 billion. B) $17 billion. C) $25 billion. D) $47 billion.

Total government spending in the U.S. economy was around _____ of the GDP in the financial year 2010

a. 5 percent b. 36 percent c. 25 percent d. 44 percent e. 16 percent