For an open economy, which of the following expressions ...

[mia]

For an open economy, which of the following expressions represents net exports (NX)?
 
  A) S + G - T - I
  B) S + G - T + I
  C) S + T - G + I
  D) G - T + I - S
  E) none of the above

Question 2

In the IS-LM-PC model, LM curve is
 
  A) flat.
  B) upward sloping.
  C) downward sloping.
  D) vertical.

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Answer to Question 1

E

Answer to Question 2

A

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