In an Open Economy,Y = C + I + G

Multiple Choice

In an open economy,Y = C + I + G + NX.From this we may infer that ________.

A) output is greater in an open economy than in a closed economy
B) the condition for goods market equilibrium is that S = I + G + NX
C) net exports can be zero only if the domestic real interest rate is equal to the world real interest rate
D) if saving is greater than zero,NX cannot be zero
E) none of the above