The National Income Accounts Identity, for an Open Economy, Is

question 82

Multiple Choice

The national income accounts identity, for an open economy, is:

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

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Definitions:

Agreeableness

A personality trait characterized by attributes such as trust, altruism, kindness, affection, and other prosocial behaviors.

Social Comparison

The process by which individuals evaluate their own abilities, achievements, and conditions in comparison to others.

Persuasive Arguments

Reasonings or logics presented with the intent to convince or influence others to adopt a certain belief or take specific action.

Risky Shift

A phenomenon in which group decisions tend to be more extreme, including taking greater risks, than individual decisions.