In a closed economy A) I = Y - C - G. B) I = Y + C - G. C) I = ...

[vicky]

In a closed economy
 
  A) I = Y - C - G. B) I = Y + C - G. C) I = Y + C + G. D) I = Y - C + G.

Question 2

Refer to Table 20-4. Assume the market basket for the consumer price index has two productsmeat and potatoeswith the following values in 2011 and 2016 for price and quantity: The Consumer Price Index for 2016 equals
 
  A) 125. B) 129. C) 135. D) 141.

[tuwy]

Answer to Question 1

A

Answer to Question 2

D

[vicky]

Thanks for the timely response, appreciate it

[Dinolord]

YES! Correct, THANKS for helping me on my review