Explain Why Exports Are Added To, and Imports Are Subtracted

question 23

Essay

Explain why exports are added to, and imports are subtracted from, aggregate expenditures in moving from a closed to an open economy.

Distinguish between various leadership styles and their impact on group dynamics and performance.

Appreciate the role of emotional intelligence in leadership.

Understand proactive leadership and its significance in organizational change and development.

Identify the components and importance of a vision in leadership.

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Definitions:

CVD Risks

Factors that increase the likelihood of developing cardiovascular diseases, including high blood pressure, smoking, and diabetes.

Low Education

Refers to a lower level of formal schooling or academic achievement, often associated with various social and health disadvantages.

HDL Levels

High-density lipoprotein (HDL) levels indicate the amount of 'good' cholesterol in the blood, which helps reduce heart disease risk.

Gender Gap

The disparities between women and men, often observed in social, economic, political, intellectual, or cultural realms or achievements.