Net Exports Are

question 52

Multiple Choice

Net exports are

• A)the value of goods produced in the domestic economy but sold in other countries
• B)the value of goods produced in other countries but purchased domestically
• C)the largest component of aggregate expenditure
• D)the value of imports minus the value of exports
• E)the value of exports minus the value of imports

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Definitions:

Asymptotic

Refers to behavior or properties that emerge as an argument approaches a boundary or infinity.

Z Scores

A metric that measures the number of standard deviations a data point is from the mean of the dataset.

Percentage

A proportion or share expressed as a fraction of 100, used to denote the relative size or magnitude of a part compared to the whole.

Symmetrical

In statistics, it describes a situation where the data distribution is evenly spread around the mean, having a balanced shape on either side.