Business, 24.11.2020 18:40 tiakimberly3
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
Answers: 3
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According to the expenditure approach, if Y is GDP, C is consumption, I is investment, G is governme...
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