By Itself, an Increase in Exports

question 247

Multiple Choice

By itself, an increase in exports

• A) increases GDP.
• B) decreases GDP.
• C) means imports decrease by the same amount.
• D) can either increase or decrease GDP, depending on whether the exports are durable or nondurable.

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Definitions:

Ethics

Systematic thinking about the moral consequences of decisions.

Morally

Pertaining to principles of right and wrong behavior and the goodness or badness of human character.

Systematic Thinking

An approach to problem-solving that involves breaking down complex issues into manageable parts and analyzing them in a structured and logical manner.

Moral Consequences

The ethical outcomes or implications of an action, reflecting its rightness or wrongness in terms of values and principles.