Author Question: Suppose an open economy is in equilibrium. Given this information, we know with certainty that A) ... (Read 125 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Suppose an open economy is in equilibrium. Given this information, we know with certainty that
 
  A) G = T.
  B) X = IM.
  C) S = I.
  D) Y = Z.

Question 2

Which of the following equals demand in a closed economy?
 
  A) C + I + G + X
  B) C + I + G + X - IM
  C) C + I + G + IM - X
  D) none of the above



jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jasonq

  • Sr. Member
  • ****
  • Posts: 335

 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library