In equilibrium, real GDP is equal to
A) C + I + G - X.
B) C + I + X - G.
C) C + I + G + X.
D) C + I + G + X + S.

Name: In equilibrium, real GDP is equal to A) C + I + G - X. B) C + I + X - G. C) C + I + G + X. D) C + I + G + X + S.
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Question

Quizplus · Accepted Answer

In equilibrium, real GDP is equal to the sum of consumption (C), investment (I), government spending (G), and net exports (X), which is represented by the formula C + I + G + X.

In Equilibrium, Real GDP Is Equal to