If Net Exports Are Positive

question 63

Multiple Choice

If net exports are positive,

• A) the equilibrium GDP must be greater than the full-employment GDP.
• B) imports must exceed exports.
• C) aggregate expenditures are greater at each level of GDP than when net exports are zero or negative.
• D) some other component of aggregate expenditures must be negative.

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Definitions:

Transgender

An umbrella term for those whose gender expression or identity is not congruent with the sex assigned at birth. This includes those who identify as genderqueer or genderfluid, gender nonconforming, and transsexuals.

Assigned Gender

The gender a person is designated at birth based on physical anatomy, which may or may not align with their actual gender identity.

Gender Variation

Diversity in how individuals experience, express, or identify their gender, which may not conform to societal norms associated with the sex they were assigned at birth.

Sexual Orientation

A person's emotional, romantic, or sexual attraction to others, typically categorized by the gender(s) to which they are attracted.