Net Exports Must Equal Zero for Any Economy

question 28

Multiple Choice

Net exports must equal zero for any economy

• A)that is closed.
• B)for which Y = C + I + G.
• C)for which S = Y - C - G.
• D)All of the above are correct.

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Definitions:

Similar Job

A position or employment opportunity that has duties and responsibilities comparable to another job.

Duty To Mitigate

The legal obligation to make reasonable efforts to reduce damages or losses in the event of a breach of contract or harm.

Breach Of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Damages

Compensation awarded by a court for loss or injury suffered due to another's fault or negligence.