Net Exports Equal

question 64

Multiple Choice

Net exports equal

• A)exports plus imports.
• B)exports minus imports.
• C)imports minus exports.
• D)GDP minus imports.

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Definitions:

Price Cut

A reduction in the price of a good or service to attract more customers or boost sales.

Price Increase

A rise in the cost of goods or services, often measured by inflation rates or observed in market prices.

Demand Curve

A graph that represents the relationship between the price of a good or service and the quantity of it that consumers are willing and able to purchase at various prices.

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies with changes in the quantity of goods sold, typically derived from the demand curve.