Q942
In a free economy the national income is Y (C, I, G, X, M) means consumption, investment, government expenditure and total exports and total imports respectively
A.
Y = C + I + G + X
B.
Y = C + I + G - X + M
C.
Y = C + I + G + (X - M)
AnswerD.
Y = C + I - G + X - M
Answer: Option C
Solution
Answer: Option C
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