Exports Are Subtracted from Imports in Calculating U

question 174

True/False

Exports are subtracted from imports in calculating U.S. GDP because exports are not available for
domestic consumption.

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or provides reimbursement for health expenses.

Incentive

A benefit, reward, or cost that motivates individuals or entities to act in a particular way.

Rugby Team

A group of players assembled to participate in rugby matches, typically consisting of fifteen players in union or thirteen in league formats.