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Author Question: X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption ... (Read 127 times)

pane00

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on: Jun 29, 2018
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

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

A

Answer to Question 2

B


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