For an Open Economy, Which of the Following Expressions Represents

question 5

Multiple Choice

For an open economy, which of the following expressions represents private saving (S) ?

• A) I + G - T + NX.
• B) G - T - NX + I.
• C) I + T - G + NX.
• D) I + T - G - NX.
• E) G - T + NX - I.

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Definitions:

U.S. Census Bureau's

A federal agency responsible for collecting and analyzing data about the American people and economy, such as population demographics, economic indicators, and housing.

Elderly Sisters

Refers to aging female siblings, typically in the later stages of their lives.

Adopted Children

Children who have been legally taken into a family different from their biological one, creating a permanent parent-child relationship.

Exogamous

Referring to a social arrangement where marriage is only permitted outside a social group or community.