In an open economy, the National Income of the economy is(C = Consumption, I = Investment, G = Government expenditure, X = Total exports, M = Total import)

In an open economy, the National Income of the economy is(C = Consum

1.	In an open economy, the National Income of the economy is(C = Consumption, I = Investment, G = Government expenditure, X = Total exports, M = Total import)
A.	Y = C + I + G + X
B.	Y = I + G - X + M
C.	Y = C + I - G + (X - M)
D.	Y = C + I - G + X - M
Answer» D. Y = C + I - G + X - M