Refer to the Above Diagram

question 151

True/False

Refer to the above diagram.The equilibrium condition for a private open economy is S + M = I_g + X.

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Definitions:

Sandwich

A food item typically consisting of two pieces of bread with meat, cheese, vegetables, or other fillings in between.

Praise

The expression of approval or admiration for someone or something.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is no longer presented with the unconditioned stimulus.

Lever

A simple machine consisting of a rigid rod or plank that pivots, or rotates, on a fixed point called the fulcrum, used to transmit or apply force.