In a closed economy, the savings-investment spending identity is:
A) I = GDP - C - G + (IM - NX) .
B) NS = GDP + I.
C) NS = GDP + (C - T + TR) + (T - TR -G) .
D) I = GDP - C - G.
Correct Answer:
Verified
Q21: To help increase investment spending, the government
Q22: In an open economy, total investment equals:
A)
Q23: National savings in a closed economy is
Q23: In a closed economy, investment spending, I,
Q24: In a closed economy, all investment spending
Q25: The savings-investment spending identity says that:
A) each
Q27: Use the following to answer questions :
Scenario:
Q31: Use the following to answer questions :
Scenario:
Q32: The government saves when:
A)tax revenue is less
Q36: In a closed economy government spending was
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