Complete the following sentence. Net exports equals
A) exports divided by imports.
B) exports plus imports.
C) exports minus imports.
D) imports minus exports.
E) foreign borrowing by residents of Canada minus domestic borrowing by nonresidents of Canada.
Correct Answer:
Verified
Q6: Which of the following statements is true?
A)Final
Q7: Which one of the following is false?
A)Y
Q8: Which of the following is not correct?
A)Investment
Q9: Of the following items, which one would
Q10: Which of the following would be an
Q13: For the aggregate economy, income equals
A)expenditure, but
Q14: Which one of the following is an
Q14: The purchasers in the goods markets are
A)households
Q15: In calculating GDP, economists use the value
Q16: In the circular flow model,
A)households are sellers
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