In a completely closed economist , it is appropriate to write the national accounts equation in the following way: O Y =C+/+ G O Y=C+/+ G + NX O Y=C+/+ G +S (where S is total savings) O Y+Q= C + / + G +X

In a completely closed economist , it is appropriate to write the national accounts equation in the following way: O Y =C+/+ G O Y=C+/+ G + NX O Y=C+/+ G +S (where S is total savings) O Y+Q= C + / + G +X

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy

Section: Chapter Questions

Problem 20QP

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Question

In a completely closed economist , it is appropriate to write the national accounts equation in the following way:
O Y =C+/+ G
O Y =C+1+ G + NX
O Y =C+I+G +S (where S is total savings)
O Y+ Q=C+ / + G + X

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