For an Open Economy,which of the Following Expressions Represents Net

question 57

Multiple Choice

For an open economy,which of the following expressions represents net exports (NX) ?

• A)S + G - T - I
• B)S + G - T + I
• C)S + T - G + I
• D)G - T + I - S
• E) none of the above

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Definitions:

West Fertilizer Company

An American company that operated a fertilizer business in Texas, known for a significant explosion incident in 2013.

Chemical Facilities

Industrial or commercial sites where chemicals are produced, processed, or stored.

Federal Government

The national government of a federal country, such as the United States, which has specific powers granted by the Constitution, distinct from state governments.

Corporation Social Responsibility

Practices and policies undertaken by corporations to positively impact societal, environmental, and economic domains.