Gross National Product is equal to:

(a) C+I+G+X-M.
(b) C+I+X-M (+) or (-) NFY.
(c) C+I+G +NX.
(d) C+I+G+X-M (+) or (-) NFY.


Answer: (d) C+I+G+X-M (+) or (-) NFY.

Economics

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An increase in the corporate profits tax will most likely lead to

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"Free trade benefits one country at another country's expense." Evaluate this statement using economic analysis

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If a natural disaster were to cause a negative long-run supply shock to the economy, once the economy adjusts, the new equilibrium will be at a:

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