An Increase in Net Exports Leads to an Increase in Real

question 60

Multiple Choice

An increase in net exports leads to an increase in real national income.Further,

• A)consumption spending and saving increase.
• B)consumption spending increases but saving doesn't change.
• C)consumption spending increases while investment spending decreases.
• D)government spending decreases to offset the increase in net exports.

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Definitions:

Societal Changes

Transformations or evolutions in society's structures, norms, and patterns of behavior over time.

Collage

An artistic composition made by assembling different elements (such as pieces of paper, photographs, fabric) into a new whole.

Life Path

The journey of one’s life, including experiences, choices, and transitions, that shapes their identity, career, and personal fulfillment.

Career Adaptability

The ability to manage existing and anticipated tasks in one's career path, including adjusting to changes and new opportunities.