If Inflation in Australia Is Lower Than Inflation in Other

question 47

Multiple Choice

If inflation in Australia is lower than inflation in other countries, what will be the effect on net exports for Australia, ceteris paribus?

• A)Net exports will rise as Australian exports increase.
• B)Net exports will rise as Australian imports decrease.
• C)Net exports will decrease as Australian exports decrease.
• D)Net exports will decrease as Australian imports decrease.

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Definitions:

Sample

A subset of a population selected for measurement, observation, or questioning, to provide statistical information about the population.

Total Population

The entire aggregation of items from which samples can be drawn for statistical measurement.

Statistical Value

A single measure, often derived from a set of data, that summarizes or represents the characteristics of that data.

Contributing Factor

An element or circumstance that plays a significant role in leading to a particular outcome or result.