Identify the correct statement about net exports
a. The value of net exports increases as real domestic income increases.
b. The value of net exports increases as real domestic income decreases.
c. The value of net exports is dependent on the amount of government purchases.
d. The value of net exports is always positive.
e. The value of net exports is always negative.
b
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If the real interest rate increases, there is
A) an upward shift of the consumption function. B) a movement downward along consumption function. C) a change in the slope of the consumption function. D) a movement upward along the consumption function. E) a downward shift of the consumption function.
Refer to Scenario 2. By examining the t-statistics associated with the regression coefficients, at the 5 percent significance level, which of the two independent variables are statistically different from zero?
What will be an ideal response?
If you decide not to spend $1,000 you earned at your summer job but instead intend to buy shares in a mutual fund, in terms of aggregate economic accounting you would be:
A. saving. B. transferring. C. consuming. D. investing.
Once faculty receive textbooks and choose not to use them, they are
A. free to do what they wish with the book, including selling it. B. required to mail them back to the publisher. C. required to destroy the book. D. required to give the book to a student or library.