Exports Are Treated as Autonomous Expenditure in Our Simple Macro

question 46

Multiple Choice

Exports are treated as autonomous expenditure in our simple macro model because

• A)exports typically do not change as a result of a change in Canadian national income.
• B)exports are always constant in dollar terms.
• C)they are a component of net exports,which is autonomous in our model.
• D)exports are a small component in the Canadian economy and are not significant in the model.
• E)exports are a function of Canadian national income,which is autonomous in our model.

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Definitions:

Unduly Influencing

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Trait Approach

A perspective in leadership studies focusing on identifying specific qualities or characteristics that distinguish effective leaders from others.

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