Net export spending is expenditures on
A) consumer durables,nondurables,and services.
B) stocks,bonds,and other financial instruments.
C) capital goods,residential housing,and changes in inventories.
D) goods and services by federal,provincial,and local governments.
E) goods and services sold abroad minus goods and services produced abroad.

Question

Quizplus · Accepted Answer

Net export spending refers to the difference between the value of goods and services sold abroad and the value of goods and services produced abroad. Therefore, option E is the correct choice. Options A, B, C, and D refer to other types of spending and are not relevant to net export spending.

Net Export Spending Is Expenditures on