Which of the Following Equations Most Simply Represents GDP in a Closed

question 196

Multiple Choice

Which of the following equations most simply represents GDP in a closed economy?

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

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Definitions:

Child Abuse

Physical, sexual, emotional mistreatment, or neglect of a child by a caregiver or responsible person.

Disciplining Children

refers to the methods and strategies used by parents or caregivers to teach children right from wrong, establish rules, and instill moral values.

Alcohol and Drugs

Substances that can alter mood and behavior, often used recreationally, and can lead to dependency or abuse with significant social and health impacts.

Violence

The use of physical force with the intent to harm, damage, or kill.