Solved

According to the Expenditure Approach,if Y Is GDP,C Is Consumption,I

Question 25

Multiple Choice

According to the expenditure approach,if Y is GDP,C is consumption,I is investment,G is government purchases,and NX is net exports,the national income identity can be written as:


A) Y = C + I + G.
B) Y = C + I + G - NX.
C) Y + C = I + G + NX.
D) Y = (C + I + G) /NX.
E) Y = C + I + G + NX.

Correct Answer:

verifed

Verified

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

Related Questions