Explain how is equilibrium output determined in an open economy?

Equilibrium output in an open economy is determined by the intersection of aggregate demand (total spending) and aggregate supply (total production) while accounting for __________ _______ ______ _________ ____ ______ _______.
__________ ________ ______ ______ _______ ________ _________ ____ _______ ____ ________ __________.
_______ __________ ________ _______ _________ _________ _________ _________ ____.
_____ _____ _________ ______ _________ _______ ___ ___ ____ __________.
_________ _______ _______ __________ _________ ___.
________ ______ ________ __________ _________ _______ __________ ____ ______ ____.
_____ ______ _____ _________ ___ _____ ______.
_____ _______ _____ _________ __________ ___ _______ _____ __________ ___ ________.
____ ____ __________.
Get Full Answer on WhatsApp