The Concept of Variable Net Exports Is That as Domestic

question 4

Multiple Choice

The concept of variable net exports is that as domestic income (Y) increases,

• A)exports will increase
• B)exports will decrease
• C)imports will decrease
• D)imports will increase
• E)imports and exports will remain constant

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Definitions:

Molecule

A molecule is a group of two or more atoms held together by chemical bonds.

Single Bonds

Chemical bonds formed by the sharing of one pair of valence electrons between two atoms, characterized by their relatively low energy.

Carbon Monoxide

A colorless, odorless, and tasteless gas with the chemical formula CO, highly toxic to humans and animals when inhaled.

Triple Bond

A chemical bond in which three pairs of electrons are shared between two atoms, making it the strongest and shortest among the types of chemical bonds.