If Net Exports Are Positive

question 63

Multiple Choice

If net exports are positive,

• A) the equilibrium GDP must be greater than the full-employment GDP.
• B) imports must exceed exports.
• C) aggregate expenditures are greater at each level of GDP than when net exports are zero or negative.
• D) some other component of aggregate expenditures must be negative.

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Definitions:

Poor Attendance

The frequent absence from or lack of participation in expected events, such as school or work.

Absenteeism

The practice of regularly staying away from work or school without good reason.

Procrastination

The action of delaying or postponing something.

Combatting

Engaging in action or struggle against a challenge or adversary.