If U.S. Net Exports Are Negative

question 195

Multiple Choice

If U.S. net exports are negative,

• A) U.S. consumers are spending less on foreign goods than foreign consumers are spending on U.S. goods
• B) U.S. consumers are spending more on foreign goods than foreign consumers are spending on U.S. goods
• C) the government must promote imports to balance international trade
• D) U.S. consumers are spending more on foreign goods than they are spending on U.S. goods
• E) U.S. disposable income is low

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Definitions:

Conditional Probability

The probability of an event occurring given that another event has already occurred.

Null Hypothesis

A hypothesis that suggests there is no statistical significance between the two variables in the hypothesis; it's assumed to be true until evidence indicates otherwise.

Alternative Hypothesis

A statistical hypothesis that proposes a difference or effect exists between certain variables, contrasting with the null hypothesis.

Commute By Car

The practice of traveling from one's home to their place of work or study by automobile.