The income-expenditure identity says that
a. Y = C + I + G.
b. Y = C + S + T.
c. Y = C + I + G + NX + CA.
d. Y = C + I + G + NX.
Answer: D
The income-expenditure identity says that
a. Y = C + I + G.
b. Y = C + S + T.
c. Y = C + I + G + NX + CA.
d. Y = C + I + G + NX.
Answer: D