Exhibit 7-3 -Refer to Exhibit 7-3. Net Exports Is Equal to

question 40

Multiple Choice

Exhibit 7-3

-Refer to Exhibit 7-3. Net exports is equal to

• A)$200.
• B)-$200.
• C)$600.
• D)-$1,400.
• E)$1,400

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Definitions:

Federalists

Supporters of the ratification of the U.S. Constitution, advocating for a strong federal government.

City-states

Independent, sovereign cities which operate like small countries, having their own governments and economies.

American Democracy

A system of government where power is vested in the people, who rule either directly or through freely elected representatives.

Popular Democracy

A form of democracy that emphasizes the participation of the general populace in governance and decision-making processes.