Net Exports Is Equal to _____

question 12

Multiple Choice

Net exports is equal to _____.

• A) exports minus the inflation rate
• B) exports plus imports
• C) imports plus the inflation rate
• D) exports minus imports

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Definitions:

Disaffirm

The legal act of denying or rejecting the validity of a contract or agreement, especially by a party who was minor at the time of entering the contract.

Public Policy

Principles and standards considered by the government in the administration of justice and the enactment of laws, reflecting the social and economic priorities of the community.

Intoxication

The state of being impaired or influenced by the consumption of alcohol or drugs.

Ratification

The act of officially approving or confirming an agreement or action, making it valid and binding.