Solved

Last Year U

Question 52

Multiple Choice

Last year U.S.net exports of goods and services was negative.This fact means that last year


A) there was an error made when calculating net exports of goods and services for the United States.
B) the value of U.S.exports was greater than the value of U.S.imports.
C) the value of U.S.exports was less than the value of U.S.imports.
D) U.S.consumption expenditure plus investment was less than the value of exports plus the value of imports.
E) U.S.consumption expenditure plus investment plus government expenditures on goods and services was less than the value of exports plus the value of imports.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents