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,which of the following is the national income identity?
A) Y = C + I + G - NX
B) Y = C + I + G + NX
C) Y + C = I + G + NX
D) Y = (C + I + G) /NX
E) Y = C + I + G
Correct Answer:

Verified
Correct Answer:
Verified
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