Pls read: My short answer error

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Pls read: My short answer error

Post  brendan on Sat Nov 15, 2008 5:12 pm

Hello all,

I'm writing to bring your attention to an important typo in one of my answers in the "short answer" section of the test.

For question number one, I incorrectly indicated that the "I" in the GDP equation is "income." The "I" in the GDP equation is "investment."

To review:
GDP expressed as an equation is:
Y=G+I+C+CA (Im-Ex), where:

G= Government Expenses
I= Investments
C= Consumption
CA= Current Account

Sorry for any inconvenience or confusion. Good luck studying.



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