The income-expenditure identity for a closed economy is:
A) Y = C + I +G.
B) Im − Ex = C + I.
C) Y = C + I + G + NX.
D) Y + G = C + I − NX.
Correct Answer:
Verified
Q42: China's high net exports must be balanced
Q43: When people invest at home, it is
Q45: When people choose to invest at home
Q46: The U.S. is able to maintain a
Q47: People in an open economy who wish
Q49: Which of the following is foreign portfolio
Q50: In a closed economy S = I,
Q51: The trade in goods, services, and capital
Q52: Which of the following can sometimes be
Q53: Savings for an economy is equal to:
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents