Multiple Choice
What does M represent in the following formula? GDP = C + I + G + (X - M)
A) exports
B) government spending
C) personal consumer spending
D) imports
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: A simple circular flow diagram shows that
Q61: Which of the following is an example
Q81: In the circular flow diagram, the clockwise
Q135: The primary purpose of the circular flow
Q150: The study of macroeconomics as a specific
Q153: Which of the following is TRUE within
Q178: The Integrated Environmental and Economic Satellite Accounts
Q280: Greenhouse gas emissions are included in the
Q287: What are the four major expenditure components
Q289: The main purpose of the national income