If U.S.exports of Goods and Services Exceed Imports

question 108

Multiple Choice

If U.S.exports of goods and services exceed imports

• A)GDP in the United States will be less than the sum of consumption,investment,and government purchases.
• B)GDP in the United States will exceed the sum of consumption,investment,and government purchases.
• C)net exports for the United States equals gross investment.
• D)net exports for the United States equals gross savings.

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Definitions:

Seasonal Multiplicative Model

A time series forecasting method that accounts for multiplicative seasonal variations in the data.

Holt-Winters Additive Model

A forecasting technique that extends exponential smoothing to capture seasonality and trend in time series data.

Seasonality

Periodic fluctuations in data or phenomena that occur regularly based on a season, quarter, month, etc.

Mean Absolute Deviation

The average of the absolute differences between each data point and the mean of the data set.