The Net Exports Effect Is the ____ Relationship Between Net

question 92

Multiple Choice

The net exports effect is the ____ relationship between net exports and the price level of an economy.

• A) inverse
• B) independent
• C) direct
• D) linear

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Definitions:

Binomial Distribution

A probability distribution that summarizes the likelihood of a variable to take one of two independent values under a given number of observations.

Probability Of Success

The likelihood of achieving a desired outcome or result in an experiment or project.

Random Variable

A variable whose outcomes are determined by chance, used in probability theory and statistics.

Independent

Not influenced or controlled by others; in statistics, two variables are independent if the occurrence of one does not affect the probability of occurrence of the other.