What Equation Is the GDP Identity in an Open Economy

question 65

Multiple Choice

What equation is the GDP identity in an open economy?

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

---

Definitions:

Action-oriented Techniques

Strategies or methods that focus on taking concrete steps and performing specific tasks to achieve desired outcomes or solve problems.

Healthy Eating

A dietary habit focusing on the consumption of nutritionally rich foods and balance to maintain or improve overall health.

Distracting Mannerisms

Behaviors or actions that divert attention away from the main focus, often seen as impediments during presentations or communications.

Vocal Variety

The use of changes in pitch, tone, pace, and volume in speech to enhance communication and keep the audience engaged.