If Net Exports Is a Negative Number for a Particular

question 76

Multiple Choice

If net exports is a negative number for a particular year, then

• A)the value of firms' inventories declined over the course of the year.
• B)consumption exceeded the sum of investment and government purchases during the year.
• C)the value of goods sold to foreigners exceeded the value of foreign goods purchased during the year.
• D)the value of foreign goods purchased exceeded the value of goods sold to foreigners during the year.

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Definitions:

Maturity Stage

A phase in the lifecycle of a product or business where growth slows, indicating a market that has been fully penetrated or is facing saturation.

Competitors' Customers

Individuals or entities that currently purchase goods or services from businesses competing within the same market.

Early Stages

Initial phases in a process or development, often characterized by exploration and foundational activities.

Product Life Cycle

The progression of a product through stages from introduction to growth, maturity, and decline, affecting marketing and sales strategies.