Which of the Following Could Serve as an Algebraic Representation $\mathrm{X}=-600-0.11 \mathrm{Y}-120 \mathrm{EP} \mathrm{P}_{\mathrm{W}}$

question 44

Multiple Choice

Which of the following could serve as an algebraic representation of a net export function of the usual shape? In each, X denotes net exports, Y denotes ^{GDP, and EP/P}w ^{denotes the real exchange rate.}

• A)\( \mathrm{X}=-600-0.11 \mathrm{Y}-120 \mathrm{EP} \mathrm{P}_{\mathrm{W}} \)
• B)\( \mathrm{X}=600-0.11 \mathrm{Y}-120 \mathrm{EP} / \mathrm{P}_{\mathrm{W}} \)
• C)\( \mathrm{X}=600+0.11 \mathrm{Y}-120 \mathrm{EP} / \mathrm{P}_{\mathrm{W}} \)
• D)\( \mathrm{X}=600+0.11 \mathrm{Y}+120 \mathrm{EP} / \mathrm{P}_{\mathrm{W}} \)
• E)\( \mathrm{x}=600-0.11 \mathrm{Y}+120 \mathrm{EP} / \mathrm{P}_{\mathrm{W}} \)

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's wear and tear, decay, or decline in value.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use.