An Increase in Imports,ceteris Paribus,indicates

question 93

Multiple Choice

An increase in imports,ceteris paribus,indicates

• A) economic weakness.
• B) an increase in net exports.
• C) an increase in unemployment.
• D) a decrease in gross domestic product (GDP).
• E) a decrease in the trade deficit.

---

Definitions:

Statement of Income

A financial document that reports a company's financial performance over a specific period, detailing revenues, expenses, and profits.

Depreciable Amount

The total cost of a tangible fixed asset minus its expected residual value at the end of its useful life.