Using the expenditure approach, GDP equals:
a. C + I + G + (X ? M).
b. C + I + G + (X + M).
c. C + I ? G + (X ? M).
d. C + I + G ? (X ? M).
a
Economics
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Public education is priced below market price largely as a result of
A) government subsidy programs. B) under-funded public education. C) rising test scores by students. D) taxpayers who contribute little to the funding of public education.
Economics
Define the following terms and explain their importance to the study of macroeconomics: a. Phillips curve b. rational expectations c. indexing d. stagflation
What will be an ideal response?
Economics