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:

Perceptual Disturbance

An alteration in the way sensory information is interpreted or experienced, possibly leading to misinterpretations of one's environment.

Intoxicaton

The condition of having physical or cognitive functions impaired by the excessive consumption of alcohol or drugs.

Alcohol Abuse

A pattern of drinking that results in harm to one's health, interpersonal relationships, or ability to work.

Intoxication Delirium

A temporary state of confusion and disorientation resulting from substance abuse or withdrawal.