Question:

Microeconomics: The level of aggregate expenditures in a mixed open economy is comprised of:?

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a. Ca + Ig + Xn

b. Ca + Ig + G + T + Xn .

c. Ca + Ig + Xn + G.

d. Ca + G.

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  1. "C" should be right.

    "A" is wrong b/c mixed economy should have government.

    "B" wrong because it includes taxes

    "D" is wrong b/c open economy has trade balance (net export).

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