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Author Question: In a closed economy A) I = Y - C - G. B) I = Y + C - G. C) I = Y + C + G. D) I = Y - C + ... (Read 14 times)

vicky

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on: Jun 29, 2018
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.


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tuwy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


vicky

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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