Economics · Macroeconomics
In a four-sector economy, the macroeconomic triple identity of aggregate demand and income is expressed as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C + S + T + M ≡ Y ≡ C + I + G - X
- 2C + S + T + M ≡ Y ≡ C + I + G + X✓
- 3C + S ≡ Y ≡ C + I
- 4C + S + T ≡ Y ≡ C + I + G
Correct answer
C + S + T + M ≡ Y ≡ C + I + G + X
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