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:

Time Inconsistency

The tendency of individuals to change their plans about future actions due to a change in their preferences over time.

Self-Control

The capacity to manage one’s feelings, cognitions, and actions when confronted with desires and sudden urges.

Current Consumption

The total amount of goods and services consumed by individuals or a nation at the present time.

Global Epidemic

A widespread occurrence of an infectious disease across multiple countries or continents simultaneously.