Under the condition of open economy, the multiplier theory of balance of payments adjustment can be expressed as ().

Under the condition of open economy, the multiplier theory of balance of payments adjustment can be expressed as ().

A.S=I+D

B.Y=E+(X-M)

C.X-M=(S-I)+(T+G)

D.Y=C+I+G+(X-M)

Look at the answers and analyze the correct answer D.

This question examines the multiplier theory of balance of payments adjustment. Under the condition of open economy, the theoretical formula of multiplier for balance of payments adjustment is: C+I+G+(X-M) = C+S+T, which is simply translated into: X-M = (S-I)+(T-G). See the textbook P3 1 1, 3 13-3 14.

Knowledge points of this topic: income adjustment theory of balance of payments 3 10-32 1,