Net Exports of a Country Are

question 46

Multiple Choice

Net exports of a country are:

• A) the same as exports
• B) the value of imports minus the value of exports
• C) the value of exports minus the value of imports
• D) the same as imports

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Definitions:

Parameter

A characteristic or constant factor that defines or limits a system, model, or equation.

Interval Scale

A type of measurement scale that includes ordered categories with equal intervals between values but lacks a true zero point.

Normal Distribution

The normal distribution is a bell-shaped curve describing the spread of a characteristic throughout a population, where most occurrences take place near the mean value, decreasing symmetrically in both directions.