menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 26: Saving, investment, and the Financial System
  5. Question
    The Identity That Shows That GDP Is Both Total Income
Solved

The Identity That Shows That GDP Is Both Total Income

Question 12

Question 12

Multiple Choice

The identity that shows that GDP is both total income and total expenditure is represented by


A) GDP = Y.
B) Y = DI + T + NX.
C) GDP = GNP - NX.
D) Y = C + I + G + NX.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: A checking deposit functions as<br>A)a medium of

Q8: Suppose a country has a consumption tax

Q16: Use the following table to answer the

Q17: Which of the following bond buyers did

Q41: Managed funds<br>A)typically have a higher rate of

Q71: Other things the same,which bond would you

Q73: If there is a shortage of loanable

Q99: A low price-earnings ratio indicates that either

Q173: Which of the following is not correct?<br>A)

Q178: If Proctor and Gamble sells a bond

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines