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    Principles of Economics Study Set 8
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    Exam 31: Open-Economy Macroeconomics: Basic Concepts
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    An Open Economy's GDP Can Be Expressed by
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An Open Economy's GDP Can Be Expressed by

Question 25

Question 25

Multiple Choice

An open economy's GDP can be expressed by


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

Correct Answer:

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