Which of the following has occurred for the United States since 1960?
A)The ratio of exports to GDP (X / Y)and the ratio of imports to GDP (IM / Y)have both decreased.
B)X / Y has increased while IM / Y has decreased.
C)X / Y has decreased and IM / Y has increased.
D)X / Y and IM / Y have stayed relatively constant.
E) none of the above

Question

Quizplus · Accepted Answer

Since 1960, both the ratio of exports to GDP (X/Y) and the ratio of imports to GDP (IM/Y) in the United States have increased, which is not explicitly stated in any of the provided options.

Which of the Following Has Occurred for the United States