U.S.net Export Spending Rises When

question 162

Multiple Choice

U.S.net export spending rises when

• A)the price level in the United States rises relative to the price level in other countries.
• B)the growth rate of U.S.GDP is slower than the growth rate of GDP in other countries.
• C)the value of the U.S.dollar increases relative to other currencies.
• D)the inflation rate is higher in the United States relative to other countries.

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Definitions:

Vectors

Quantities that have both magnitude and direction, represented by arrows in physics and mathematics.

Magnitude

Refers to the size or extent of something, often used in the context of numbers, earthquakes, and vectors to denote their strength or value.

Hypotenuse

The longest side of a right-angled triangle, opposite the right angle, calculated with the Pythagorean theorem.

Inches

A unit of length in the British imperial and United States customary systems of measurement, equal to 1/12 of a foot.