Multiple Choice
In a closed economy, the goods market is in equilibrium when
A) Y = S + I + G.
B) C + S = I + G.
C) C + I = S + G.
D) Y = C + I + G.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: At a point below the IS curve,<br>A)there
Q46: In a move down the IS curve,<br>A)saving
Q47: Why did the Fed cut interest rates
Q48: When the economy is out of general
Q49: A change in the inflation rate will<br>A)not
Q51: Following a decline in the quantity of
Q52: In the savings-investment diagram, we know that
Q53: In the saving-investment diagram, an increase in
Q54: If the demand for real money balances
Q55: The LM curve is the combinations of<br>A)current