Suppose an open economy is in equilibrium. Given this information, we know with certainty that A) ...

Author Question: Suppose an open economy is in equilibrium. Given this information, we know with certainty that A) ... (Read 151 times)

soccerdreamer_17

Hero Member
Posts: 552

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

Sr. Member
Posts: 335

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

D

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soccerdreamer_17

Hero Member
Posts: 552

Reply #2 on: Jun 30, 2018

Correct answers!

jasonq

Sr. Member
Posts: 335

Reply #3 on: Jun 30, 2018

Great! Please up vote

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