Refer to the Above Diagram

question 61

Multiple Choice

Refer to the above diagram.If (C + I_g) are the private expenditures in the closed economy and X_n2 are the net exports in the open economy:

• A)exports are negative.
• B)net exports are positive.
• C)net exports are negative.
• D)exports are positive.

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Definitions:

Pollution

The introduction of harmful substances or products into the environment, causing adverse effects.

External Benefit

A positive effect experienced by a third party due to an economic transaction they were not directly involved in.

Copper Mining

The process of extracting copper from the Earth, which is a crucial resource for electrical wiring, plumbing, and various alloys.

Water Users

Individuals or groups that utilize water resources for purposes such as agriculture, industry, or domestic use.