The components of GDP are
A. C + I + X - (G + M).
B. C + I + G - (X + M).
C. C + I - G + (X - M).
D. C + I + G + (X - M).
Answer: D
Economics
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Which of the following statements regarding the production possibilities frontier is TRUE?
A) Points outside the frontier are attainable. B) Points inside the frontier are attainable. C) Points on the frontier are less efficient than points inside the frontier. D) None of the above because all of the above statements are false.
Economics
Refer to the scenario above. What is the future value of John's deposit after three years?
A) $2,590.06 B) $2,660.32 C) $2,708.08 D) $2,990.54
Economics