U.S. Net Exports Include

question 30

Multiple Choice

U.S. net exports include

• A)sales of Hollywood movies to the rest of the world.
• B)the sale of shares of Nike stock on the New York Stock Exchange.
• C)the production of Ford Mustangs in China that are sold in China.
• D)Honda automobiles produced and sold in Japan.
• E)the sale of U.S. government securities to U.S. citizens.

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Definitions:

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.

Supply-Side

A macroeconomic theory arguing that economic growth is most effectively created by lowering taxes and decreasing regulation.

Economic Program

A set of coordinated policies and plans undertaken by a government or organization to achieve specific economic objectives.

New Deal

An array of initiatives, including public infrastructure projects, monetary policy changes, and regulatory measures, implemented by President Franklin D. Roosevelt in the 1930s in the United States to combat the effects of the Great Depression.