At the Equilibrium GDP for an Open Economy

question 99

Multiple Choice

At the equilibrium GDP for an open economy:

• A)net exports may be either positive or negative.
• B)imports will always exceed exports.
• C)exports will always exceed imports.
• D)exports and imports will be equal.

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Definitions:

Coercion

The practice of forcing another party to act in an involuntary manner by use of threats or pressure.

Resistance to Change

The act of opposing or struggling with modifications or transformations within organizational processes, technologies, or cultures.

Resistance to Change

The act of opposing or struggling with modifications or transformations within an organization or in one's personal life.

Innovation Inertia

The resistance to change or the slowness in adopting new ideas and innovations within an organization.