An increase in exports of goods or services with no change in imports of goods or services
A) decreases GDP.
B) increases GDP.
C) may increase or decrease GDP depending on whether it is the export of goods or the export of services that increased.
D) has no effect on GDP.
B
You might also like to view...
Oligopolists merge to ________
A) increase market supply B) increase market demand C) increase market power D) reduce prices
The market structure in which there is interdependence among firms is
A) monopolistic competition. B) oligopoly. C) perfect competition. D) monopoly.
The poverty line fell the most between
A. 1960 and 1968. B. 1968 and 1976. C. 1976 and 1984.
A measure of the responsiveness of the demand for one good to the percentage change in the price of another good is
A) price elasticity of demand. B) price elasticity of supply. C) cross price elasticity of demand. D) income elasticity.