X is exports, M is imports, T is net taxes, G is government ...

[pane00]

X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption expenditure, S is saving, and I is investment. The government sector balance is equal to
 
  A) T - G.
  B) C + S + T.
  C) S - I.
  D) X - M.

Question 2

The figure above illustrates the effect of
 
  A) an increase in real GDP.
  B) a decrease in real GDP.
  C) an increase in the monetary base.
  D) a decrease in the monetary base.

[mk6555]

Answer to Question 1

A

Answer to Question 2

B