Net exports of goods and services are defined as the
A) value of exports minus the income we receive from foreigners.
B) income we receive from selling goods to foreigners.
C) value of exports plus the income we receive from foreigners.
D) value of the goods we sell to foreigners.
E) value of exports minus the value of imports.
Correct Answer:
Verified
Q1: In calculating GDP, we must
A) add the
Q3: If last year net exports of goods
Q4: A restaurant buys fish to offer as
Q5: In measuring GDP, which of the following
Q6: Which of the following is a final
Q7: How are final goods and services valued
Q8: Government expenditures on goods and services include
i.
Q9: Which of the following is included in
Q10: Which of the following is NOT directly
Q11: When measuring GDP,
A) only the federal government's
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