Suppose a Country's Net Exports Equal $1

question 98

Multiple Choice

Suppose a country's net exports equal $1.9 billion.Which of the following will happen if the volume of imports increases by $2 billion without any change in the volume of exports?

• A) The country's net exports will equal $3.9 billion.
• B) The country's net exports will equal $0.1 billion.
• C) The country's net exports will become negative.
• D) The country's net exports will equal zero.

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Definitions:

Enslaved People

Enslaved people refers to individuals who are forced to work without freedom or personal rights, typically under harsh conditions, historically or in modern contexts.

Outgroup Homogeneity

The perception that members of a group different from one's own are more similar to each other than are members of one's ingroup.

Other-Race Effect

The tendency to more easily recognize faces of the race that one is most familiar with.

Blame-The-Victim Dynamic

A social phenomenon where the victim of a crime or any wrongful act is held entirely or partially at fault for the harm that befell them.