Multiple Choice
What equation is the GDP identity in an open economy?
A) Y = C + I + G + NCO
B) NX = - NCO
C) NCO = S - I + NX
D) Y = C + I + G - NX
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q60: Alberto, an Italian citizen, opens and operates
Q61: For many questions in macroeconomics, international issues
Q62: Suppose the nominal exchange rate between the
Q63: If the world real interest rate exceeds
Q64: The large, positive net capital outflow in
Q66: Between 1981 and 1988, what caused most
Q67: The next table shows PPP exchange rates
Q68: Canada sells machinery to a South African
Q69: Suppose that a lobster in Nova Scotia
Q70: In which year was net capital outflow