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:

Verified
Correct Answer:
Verified
Related Questions
Q10: If we calculate the real GDP using
Q11: GDP often is used as a "measure"
Q22: What are the components which make up
Q24: When you buy a car from your
Q28: The price level can be derived
Q30: Which macroeconomic variables has the text not
Q70: An economy's _ is equal to its
Q91: If the percent change in real GDP
Q96: By how much does the current GDP
Q108: The value added for a good produced