What Makes Y = C + I + G

question 27

Multiple Choice

What makes Y = C + I + G + NX an identity?

• A) Each symbol identifies a variable.
• B) The right-hand and left-hand sides are equal.
• C) The equality holds due to the way the variables are defined.
• D) This relationship is identical for all economies.

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Definitions:

Sympathetic Nerve

The sympathetic nervous system is part of the autonomic nervous system that prepares the body for 'fight or flight' responses during perceived threats.

Carotid Baroreceptors

Sensors located in the carotid arteries that monitor blood pressure and relay information to the central nervous system to maintain stable blood pressure.

Glossopharyngeal Nerve

The glossopharyngeal nerve is the ninth cranial nerve, which has both sensory and motor functions, including taste sensation and stimulating muscle movement in swallowing.

Vagus Nerve

The tenth cranial nerve that is responsible for many functions including heart rate, digestion, and mood control.