If Net Exports Are Negative, Spending by Households, Firms, and Government

question 132

True/False

If net exports are negative, spending by households, firms, and government must be greater than the income people earn in producing GDP.

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Definitions:

Stroma

The supportive tissue framework of an organ, or the dense fluid within chloroplasts where the Calvin cycle occurs in photosynthesis.

Chloroplast

An organelle found in plant and algal cells that conducts photosynthesis, converting light energy into chemical energy stored in glucose.

ATP Synthase Complex

An enzyme complex that synthesizes ATP, the cell's energy currency, using a proton gradient across the membrane.

Cellular Respiration

A metabolic process that converts glucose into ATP, releasing energy for cellular processes, occurring in the mitochondria of cells.