Net exports equal the
A. value of exports minus the value of imports.
B. value of imports minus the value of exports.
C. total value of all government produced exports.
D. total value of all exports.
Answer: A
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Suppose that Tom bought a bike from Helen for $195. If Helen's reservation price was $185, and Tom's reservation price was $215, the seller's surplus from this transaction was:
A. $20 B. $215 C. $195 D. $10
Explain how and why economic events in the United States affected the economies of Thailand, South Korea, and Indonesia and vice-versa.
What will be an ideal response?
What effect does expansionary monetary policy have on short-term real interest rates?
a. Expansionary monetary policy tends to push short-term interest rates upward. b. Expansionary monetary policy tends to push short-term interest rates downward. c. The effect of expansionary monetary policy on short-term interest rates is unpredictable. d. Expansionary monetary policy has no effect on short-term interest rates.
Physical resource
What will be an ideal response?