In a Co-Ordinate Graph,with Y on the Vertical Axis and X

question 57

Multiple Choice

In a co-ordinate graph,with Y on the vertical axis and X on the horizontal axis,the variable X is positive and the variable Y is negative in the ________ quadrant.

• A)top,right
• B)top,left
• C)bottom,left
• D)bottom,right

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Definitions:

Net Capital Outflows

The value of domestic assets purchased by foreigners minus the value of foreign assets purchased by residents of a country.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

Imports

Goods and services that are produced abroad and sold domestically

Net Exports

The value of a country's total exports minus its total imports.