The Aggregate Expenditure in an Open Economy Is Defined As

question 79

Multiple Choice

The aggregate expenditure in an open economy is defined as:

• A)E = C + I + G.
• B)E = C + I + G + X.
• C)E = C × I × G × X - M.
• D)E = C + I + G + X - M.

---

Definitions:

Genetic Qualities

Inherent attributes or characteristics passed from parents to offspring through genes.

Eugenics

A controversial and largely discredited science aimed at improving the genetic quality of the human population, often associated with discriminatory and unethical practices.

Distributive Justice

The ethical principle concerned with the fair and equitable allocation of goods, resources, and rights among members of a society.

Scarce Supply

A situation where the availability of a particular resource or commodity is limited or not sufficient to meet demand.