What Happens to a Variable Declared Locally Inside a Sub

question 17

Multiple Choice

What happens to a variable declared locally inside a Sub procedure after the procedure terminates?

• A) It maintains its value even after the End Sub statement executes.
• B) It ceases to exist after the End Sub statement executes.
• C) It loses its value temporarily after the End Sub statement executes, but regains that value upon re-entry to the Sub procedure.
• D) It is reset to its default value.

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Definitions:

Quota

A trade limitation enforced by the government, restricting the quantity or financial value of products that can be exported or imported over a set timeframe.

Open-Economy Model

An economic model that considers the impact of trade and financial flows with other countries on the domestic economy.

Net Exports

The disparity between the total amount a country exports and the total amount it imports.

Interest Rate

The percentage charged on borrowed money, or paid to investors, indicating the cost or profit of borrowing or lending.