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

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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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
Transcribed Image Text: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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