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Author Question: Suppose an open economy is in equilibrium. Given this information, we know with certainty that A) ... (Read 120 times)

soccerdreamer_17

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


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soccerdreamer_17

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Reply #2 on: Jun 30, 2018
Correct answers!


jasonq

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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