Solved

According to the Expenditure Approach, If Y Is GDP, C

Question 68

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) 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) . B) . C) . D) . E) . .
B) 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) . B) . C) . D) . E) . .
C) 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) . B) . C) . D) . E) . .
D) 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) . B) . C) . D) . E) . .
E) 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) . B) . C) . D) . E) . .

Correct Answer:

verifed

Verified

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

Related Questions

Q63: Net exports are also called:<br>A) capital outflows.<br>B)

Q64: If the percent change in prices is

Q65: Which of the following does NOT count

Q66: When you buy a car from your

Q67: An economy's _ is/are equal to its

Q69: In 2015, investment expenditures accounted for about

Q70: Nominal GDP is the _ of all

Q71: Refer to the following table when answering

Q72: GDP measures the value of all economic

Q73: According to the expenditure approach, if Y