Which of the following statements is true for a domestic country, if exports >imports:O 1) Y > C+1+ G; Savings > Investment; Net capital outflow > 0O 2) y < C + I+ G; Savings > Investment; Net capital outflow > 0O 3) Y > C + |+ G; Savings < Investment; Net capital outflow > 0O 4) y > C + 1+ G; Savings > Investment; Net capital outflow < 05) Y > C + 1 + G; Savings < Investment; Net capital outflow < 0

Y = C + I + G + X - M Where Y is GDP C is consumption I is investment G is government expenditure X…

Answered: Which of the following statements is…

Which of the following statements is true for a domeštic Couhtry imports: O 1) y > C+ I+ G; Savings > Investment; Net capital outflow > 0

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: A Macroeconomic Theory Of The Open Economy

Section: Chapter Questions

Problem 2PA

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