Suppose a country's net exports equal -$21.3 billion. Which of the following will happen if the volume of exports increases by $1 billion, imports remaining unchanged?
A) The country's net exports will be equal to -$20.3 billion.
B) The country's net exports will become positive.
C) The country's net exports will be equal to -$22.3 billion.
D) The country's net exports will be zero.
A
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One way for governments to try and minimize the effects of structural unemployment is to:
A. provide information to unemployed people about which professions are experiencing rising demand for labor. B. subsidize retraining programs for unemployed workers to learn new skills. C. offer low-interest loans to unemployed workers to go back to school to learn new skills. D. All of these are ways the government can deal with structural unemployment.
The supply curve of a single-price monopolist
a. coincides with its marginal cost curve above its average total cost curve b. coincides with its marginal cost curve above its average variable cost curve c. is established by the government d. slopes downward due to substantial economies of scale e. does not exist
The first difference of an I(1) time series is weakly dependent.
Answer the following statement true (T) or false (F)
Discuss how economists calculate NI, PI and DI.
What will be an ideal response?