Author Question: In an open economy including the government, planned expenditures equals A) C + I + G + X + M. B) ... (Read 31 times)

mia

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In an open economy including the government, planned expenditures equals
 
  A) C + I + G + X + M. B) C + I + G. C) C + I + G - X + M. D) C + I + G + X - M.

Question 2

According to the Application, one reason for the increase in Chinese demand for pecans was
 
  A) the expectation of higher future prices.
  B) a decrease in income.
  C) an increase in the price of walnuts, a substitute good.
  D) an increase in consumer preferences.



vickybb89

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Answer to Question 1

D

Answer to Question 2

D



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