In a closed economy, investment spending, I, must equal:
A) GDP - C - G.
B) GDP - C.
C) GDP - C - G - X.
D) GDP - [C * G].
Correct Answer:
Verified
Q18: MOST human capital is provided by: I.
Q19: The budget balance equals:
A) taxes plus government
Q20: GDP is $12 trillion this year in
Q21: To help increase investment spending, the government
Q22: In an open economy, total investment equals:
A)
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
Q27: In a closed economy, the savings-investment spending
Q28: In a closed economy, national savings equals:
A)
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