Which Equation Will Always Represent GDP in an Open Economy

question 195

Multiple Choice

Which equation will always represent GDP in an open economy?

• A) S = I - G
• B) I = Y - C + G
• C) Y = C + I + G
• D) Y = C + I + G + NX

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Dominance

The state or condition of having authority or control over others, often characterized by superiority or preeminence in a certain context.

Sexual Interest

The degree of attraction or arousal a person feels towards others, which can vary widely among individuals.

Stand

A position or opinion adopted towards a specific issue.

Emphatic Listening

A listening technique where the listener fully concentrates, understands, and responds to the speaker, showing empathy and comprehension.