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If Last Year Net Exports of Goods and Services Was

Question 3

Multiple Choice

If last year net exports of goods and services was negative. This means that


A) there was an error made when calculating net exports of goods and services.
B) consumption expenditure plus investment was less than the value of exports plus the value of imports.
C) consumption expenditure plus investment plus government expenditures on goods and services was less than the value of exports plus the value of imports.
D) the value of exports was less than the value of imports.
E) the value of exports was greater than the value of imports.

Correct Answer:

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