When considering imports and exports, economists include the ________ as a component of the GDP.
A) total imports
B) total exports
C) net exports
D) gross exports
Correct Answer:
Verified
Q52: A "trade deficit" occurs when
A) we sell
Q53: Which of the following is NOT an
Q54: Which of the following should be included
Q55: Depreciation is
A) what is left over from
Q56: For the purposes of GDP accounting, government
Q58: The GDP equation is
A) Y = C
Q59: Exports _ GDP and imports _ GDP.
A)
Q60: Transfer payments are excluded from government purchases
Q61: Net exports are total imports minus total
Q62: Income that flows to the private sector
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