A Increase in Net Exports

question 47

Multiple Choice

A increase in net exports

• A)shifts the aggregate demand schedule upward
• B)shifts the aggregate demand schedule downward.
• C)does not shift the aggregate demand schedule.
• D)decreases saving.

Calculate and understand the effects of sales discounts, returns, and allowances on gross profit.

Recognize the importance of the cost of merchandise sold and its calculation under perpetual and periodic systems.

Understand the preparation and components of a multiple-step income statement for a merchandising company.

Comprehend the calculation and significance of ratios related to sales and total assets for performance evaluation.