In a closed economy, the savings-investment spending identity is:
A) I = GDP - C - G + (IM - NX) .
B) NS = GDP + I.
C) NS = GDP + (C - T + TR) + (T - TR -G) .
D) I = GDP - C - G.
Correct Answer:
Verified
Q22: In an open economy, total investment equals:
A)
Q23: In a closed economy, investment spending, I,
Q24: In a closed economy, all investment spending
Q25: The savings-investment spending identity says that:
A) each
Q26: One difference between a closed and an
Q28: In a closed economy, national savings equals:
A)
Q29: In an open economy, GDP is $12
Q30: National savings is the sum of private
Q31: The government saves when tax revenue:
A) is
Q32: According to the savings-investment spending identity:
A) savings
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