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    Principles of Macroeconomics
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    Exam 8: Saving, Investment, and the Financial System
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    Which Equation Most Simply Represents GDP in a Closed Economy
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Which Equation Most Simply Represents GDP in a Closed Economy

Question 141

Question 141

Multiple Choice

Which equation most simply represents GDP in a closed economy?


A) Y = C + I + G
B) S = I - G
C) I = Y - C + G
D) Y = C + I + G + NX

Correct Answer:

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