Define net exports
What will be an ideal response?
The value of net exports equals the value of exports minus the value of imports of goods and services. If imports exceed exports, this will be a negative value.
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When a nation imports a good, its ________ surplus increases and its ________ surplus increases
A) consumer; producer B) consumer; consumer C) producer; producer D) producer; total E) total; consumer
Which of the following characteristics is NOT likely to increase the interest on a loan?
A) a high-risk proposal B) a non-creditworthy borrower C) a short-term loan D) a larger dollar loan
Fiscal policy is:
A. government decisions about the level of taxation and public spending. B. congressional budget office decisions. C. the decisions that affect the available money supply in the economy. D. government decisions about the level of the interest rate in the economy.
During the Great Depression of the 1930s, the unemployment rate in the United States increased to more than 25% of the labor force
a. True b. False Indicate whether the statement is true or false