Which of the following relationships is incorrect?
A) Y = C + I + G + (X - M)
B) Y - C - I - G = (X - M)
C) S ++ M = G + I + X
D) Y += G - X
E) M = Y - X
Correct Answer:
Verified
Q1: The "conventional wisdom" is that:
A) trade deficits
Q2: Which of the following is excluded from
Q3: _ GDP accounts for changes in prices
Q4: Which of the following statements is correct?
A)
Q6: Which of the following would not be
Q7: The value of final output measured in
Q8: Real GDP is the value of final
Q9: Which of the following is not one
Q10: The GDP of a closed economy is
Q11: The GDP of an open economy is
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