Statement I: Net exports is a negative number if exports exceed imports.
Statement II: G is the largest sector of GDP.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
Q98: If over a certain period of time
Q99: From one year to the next suppose
Q100: Which one of these is correct?
A)GDP -
Q101: If GDP rises by 200 percent since
Q102: If a large number of families moved
Q104: The increase in the proportion of women
Q105: Statement I: The higher the GDP deflator,the
Q106: Net exports are
A)the smallest component of aggregate
Q107: National income
A)minus depreciation equals NDP.
B)plus depreciation plus
Q108: GDP has grown 5 percent over the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents