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.

Explain how the hypothalamus coordinates endocrine responses.

Understand the physiological role of calcium regulation by the parathyroid and thyroid glands.

Describe the role of the adrenal cortex in regulating electrolyte and water balance.

Understand the structure and function of the sensory system in vertebrates.

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Definitions:

Accumulated Depreciation

The total depreciation of an asset up to a single point in its life, representing how much of its value has been used up over time.

Equipment

Tangible assets used in operations, such as machinery or office machines, which have a useful life longer than a year.

Straight-Line Method

A depreciation method that allocates an equal amount of the cost of an asset to each year of its useful life.

Fully Depreciated

A term used when a fixed asset has been depreciated to its salvage value and no longer carries a cost on the balance sheet except its possible residual value.