The Diagrams Below Show the Import,export,and Net Export Functions for an Economy

question 117

Multiple Choice

The diagrams below show the import,export,and net export functions for an economy. FIGURE 22-1 Refer to Figure 22-1.If actual national income is equal to $2000,then imports are equal to

• A)$0.
• B)$200.
• C)$400.
• D)$450.
• E)$1000.

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Definitions:

Taylor's Approach

A management theory developed by Frederick Winslow Taylor, emphasizing scientific studies of tasks to increase productivity.

Increasing Efficiency

The process of improving the capability of a system or process to produce the desired output with minimum input or effort.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and culminating in significant changes to the geopolitical landscape.

Workplace Situation

The conditions and circumstances that occur within a place of employment.