Author Question: Suppose an open economy is in equilibrium. Given this information, we know with certainty that A) ... (Read 121 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 horizontal fraction bar was introduced by the Arabs.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library