Which of the following identities is FALSE?
A) Y ? C + I + G + NX
B) YD ? Y - TA + TR
C) B ?TA - TR - G
D) I - ? (G - TA + TR) + NX
E) S + TA - TR ? I + G + NX
Correct Answer:
Verified
Q12: Assume nominal GDP increased by 4.2% in
Q13: Assume you built a new house, bought
Q14: For a simple economy with no depreciation,
Q15: If we counted the value of autoworkers'
Q16: In 1994, U.S.GDP was $6,931, GNP was
Q18: As defined in our text, private domestic
Q19: Which of the following statements is true?
A)NDP
Q20: If gross investment were zero, which of
Q21: The PCE deflator measures
A)the average price increase
Q22: If nominal GDP was $9,200 billion in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents