The Net Export Component of Aggregate Demand Is Defined as U.S

question 47

Multiple Choice

The net export component of aggregate demand is defined as U.S.

• A)imports minus U.S.exports.
• B)imports plus U.S.exports.
• C)exports minus U.S.imports.
• D)exports minus taxes and customs duties.

---

Definitions:

Norms

Social rules that dictate the expected behavior in a particular group or society.

Credits

A system of value used to facilitate the exchange of goods and services, often used in academic settings to represent achievement.

Trust

The confidence or reliance on the integrity, strength, ability, or character of a person or entity.

Social Exchange

A theory that suggests human relationships are formed based on a subjective cost-benefit analysis and the comparison of alternatives.