If Last Year Net Exports of Goods and Services Was

question 63

Multiple Choice

If last year net exports of goods and services was negative. This means that

• A) there was an error made when calculating net exports of goods and services.
• B) consumption expenditure plus investment was less than the value of exports plus the value of imports.
• C) consumption expenditure plus investment plus government expenditures on goods and services was less than the value of exports plus the value of imports.
• D) the value of exports was less than the value of imports.
• E) the value of exports was greater than the value of imports.

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Definitions:

Retroactive Interference

A memory problem where new information interferes with the ability to recall older information.

Proactive Interference

The phenomenon where older memories interfere with the recall of newer memories.

Misinformation Effect

A phenomenon in which a person's recall of episodic memories becomes less accurate because of post-event information.

Peg Word Method

A mnemonic technique that involves linking words to numbers by creating vivid associations between them to remember lists or sequences.