Net exports:
A) will increase if exports of goods decline.
B) will increase if imports of goods rise.
C) in our GDP accounts permit estimation of foreign ownership of American businesses.
D) include budgetary outlays of the federal government.
E) is the net effect of the foreign trade sector on GDP.
Correct Answer:
Verified
Q23: Gross domestic product (GDP) does not include:
A)
Q24: GDP includes:
A) the negative attributes from erosion
Q25: The largest component of household consumption spending
Q26: Activities that are directly included in GDP
Q27: When net exports are negative,
A) exports are
Q29: Gross private domestic investment or simply business
Q30: Gross domestic product (GDP) is defined as:
A)
Q31: Consumption spending includes:
A) durable goods, nondurable goods,
Q32: The unreported or illegal production of goods
Q33: Personal consumption expenditures include:
A) all commodities that
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