Which of the following equals demand in a closed economy?
A) C + I + G + X - IM.
B) C + I + G.
C) C + I + G + X.
D) C + I + G + IM - X.
E) C + I + G - IM.
Correct Answer:
Verified
Q11: A tax hike will cause:
A) a decrease
Q12: Suppose the propensity to consume equals 0.83.
Q13: Which of the following components of GDP
Q14: The equilibrium condition in the goods market
Q15: The goods market is in equilibrium when
Q17: In the goods market model presented in
Q18: Suppose the consumption equation is represented by
Q19: Inventory investment is the difference between which
Q20: Which of the following types of government
Q21: Suppose business confidence rises causing an increase
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