If a Country Has Net Exports of $8 Billion and Sold

question 33

Multiple Choice

If a country has net exports of $8 billion and sold $40 billion of goods and services abroad,then it has

• A)$48 billion of imports and $40 billion of exports.
• B)$48 billion of exports and $40 billion of imports.
• C)$40 billion of imports and $32 billion of exports.
• D)$40 billion of exports and $32 billion of imports.

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Definitions:

Inverse Function

A function that reverses the operation of a given function, such that the composition of the two yields the original input.

Function

A framework involving a set of inputs and a roster of potential outputs, with the stipulation that each input is corresponded with only one output.

Composition

The combining of distinct parts or elements to form a whole, especially in mathematics where functions are combined.

Function

A mathematical relationship where each input has a single output, often expressed as f(x).