For open economies,
A) S = I.
B) S = I + CA.
C) S = I - CA.
D) S > I + CA.
E) S < I + CA.
Correct Answer:
Verified
Q20: GDP is supposed to measure
A) the volume
Q21: Government purchases are defined as
A) only goods
Q22: An open economy
A) can save only by
Q23: Over the 1980s
A) there is no question
Q24: In 1929, government purchases accounted for
A) only
Q26: Disposable income is national income
A) less taxes
Q27: Government transfer payments like social security and
Q28: In a closed economy, national saving
A) sometimes
Q29: In a closed economy, private saving, ,
Q30: In the United States, (gross) investment has
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