An Increase in Exports of Goods or Services with No

question 77

Multiple Choice

An increase in exports of goods or services with no change in imports of goods or services

• A)may increase or decrease GDP depending on whether it is the export of goods or the export of services that increased.
• B)increases GDP.
• C)has no effect on GDP.
• D)decreases GDP.

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Definitions:

Journal Entries

Records of financial transactions in the accounting system, showing the accounts affected and the amounts for each transaction.

Available for Sale

A classification for financial assets indicating they are not primarily held for trading or immediate sale but may be sold in the future.

Largest Stockholder

The individual or entity that owns the largest number of shares in a corporation, giving them significant influence over its management.

Accounting

The systematic process of recording, summarizing, and analyzing financial transactions of a business.