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    Exam 12: Open-Economy Macroeconomics: Basic Concepts
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    Which of the Following Is an Identity That Always Holds
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Which of the Following Is an Identity That Always Holds

Question 210

Question 210

Multiple Choice

Which of the following is an identity that always holds in an open economy?


A) NCO + C = NX
B) NCO = NX
C) NX - NCO = C
D) NX + NCO = Y

Correct Answer:

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