Total expenditure equals
A) C + I + G + NX.
B) C + I + G - NX.
C) C + I - G + NX.
D) C - I + G + NX.
E) C - I - G - NX.
A
You might also like to view...
The specialization in production made possible by the use of money to avoid barter is an illustration of the:
A. cost-benefit principle. B. principle of increasing opportunity cost. C. principle of comparative advantage. D. scarcity principle.
An increase in the sensitivity of private spending (consumption, investment, and net exports) to changes in the interest rate ________ the government purchases multiplier
A) may increase or may decrease B) will not change C) will increase D) will decrease
The ratio of the percentage change in quantity demanded to the percentage change in income is known as the cross elasticity of demand
a. True b. False Indicate whether the statement is true or false
The international regulatory situation for trade is becoming more, rather than less, complex.
a. true b. false