The Following Question Are Based on the Following Diagram Showing

question 75

Multiple Choice

The following question are based on the following diagram showing the equilibrium level of GDP. Exports are currently $60 billion and imports are $40 billion.

-If exports rise to $65 billion and imports rise to $50 billion,the C + I + G + (X - M₁) line moves ________ billion.

• A) up by $5
• B) up by $15
• C) down by $15
• D) down by $10
• E) down by $5

Measure companies' financial performance and compare it using trend and common-size statements.

Understand the concept of removing information filters for accurate financial analysis.

Calculate product costs under variable costing and absorption costing.

Analyze the impact of production level changes on income under both costing methods.