Which of the following equations does NOT state a condition ...

[nenivikky]

Which of the following equations does NOT state a condition required for equilibrium output:?
 
  A) Y = C(Yd) + I + G + CA(EP/P,Yd)
  B) Y = C(Y - T) + I + G + CA(EP/P,Y - T)
  C) Y = D(EP/P,Y - T,I,G)
  D) R = R + (EP/E)
  E) Y = D(EP/P,Yd,I,G)

Question 2

The welfare effects of quotas depend, to some extent, on who has the right to import the quota restricted goods.
 
  Indicate whether the statement is true or false

[chevyboi1976]

Answer to Question 1

D

Answer to Question 2

TRUE

[nenivikky]

Thank you

[chevyboi1976]

Happy to help you