Statement I: Net Exports Is a Negative Number If Exports

question 183

Multiple Choice

Statement I: Net exports is a negative number if exports exceed imports.
Statement II: G is the largest sector of GDP.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Adipose Tissue

A type of connective tissue known for storing fat cells, providing insulation, and serving as an energy reserve.

Safety Inventory

Extra inventory held to protect against unpredictability in demand or supply, ensuring product availability.

Supply Uncertainty

The unpredictability associated with the availability of products or materials necessary for production.

Product Availability

The extent to which a good or service is available for purchase at any given time.