Question 0

The following equations relate to an open economy with a government sector. E = aggregate expenditure on domestically produced goods, C = Consumption, I = Investment, G = Government expenditure, T = taxes, M = imports, X = Exports. Which equation is correct

  • A.E = C + I + G
  • B.E = C + I + G + M – X
  • C.E = C + I + G + X – M
  • D.E = C + I + G – T + M – X
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2015
Question no.
#0
Type
Objective

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