A Decrease in Net Exports Will Cause

question 20

Multiple Choice

A decrease in net exports will cause

• A) a decrease in planned aggregate spending.
• B) an increase in planned aggregate spending.
• C) an increase in aggregate supply.
• D) a decrease in aggregate supply.
• E) no change in planned aggregate spending.

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Definitions:

Lower Costs

A reduction in the expenses incurred by a business or organization, improving profitability.

Supplier Expectation

The set of standards or requirements that suppliers believe they should meet in their dealings with purchasing organizations.

Jidoka

A concept in lean manufacturing that empowers machines and workers to stop the production line when a defect is detected.

Continuous Improvement

The ongoing effort to enhance products, services, or processes to increase efficiency and effectiveness.