Question 1
Ryan's income is $1,700 and his net taxes are $700. His disposable income is
◦ $2,400.
◦ $1,700.
◦ $1,000.
◦ $700.
Question 2
[Y =
C +
I +
G] when ________ in the income-expenditure model.
◦ net exports are included
◦ net imports are included
◦ government is included
◦ investment is excluded