In the Equation Y = C + I + G

question 36

Multiple Choice

In the equation Y = C + I + G + NX,

• A)Y represents the economy's total expenditure.
• B)C represents household expenditures on services and durable goods.
• C)all of the variables are always positive numbers.
• D)All of the above are correct.

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Definitions:

Business Decisions

The process by which a company determines and implements strategic actions to achieve its objectives.