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:

Central Part

An essential or core component of something that plays a crucial role in its functioning or structure.

Body Type

Refers to the physical and physiological characteristics of an individual's body, often categorized into ectomorph, mesomorph, and endomorph.

Genes

Small segments of DNA located in definite positions on particular chromosomes; functional units of heredity.

Hormonal Change

Adjustments in the levels of hormones in the body, which can affect mood, growth, metabolism, and other bodily functions.