Suppose Exports and Imports Both Rise by $1.GDP

question 98

Multiple Choice

Suppose exports and imports both rise by $1.GDP

• A)rises by $2.
• B)rises by $1.
• C)remains unchanged.
• D)falls by $1.
• E)falls by $2.

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Definitions:

Complex Conjugate

The pair of a complex number, changing the sign of its imaginary part.

Simplify

Making a complex numerical or algebraic expression easier to handle by reducing it to a more basic form.

Square Root Property

A mathematical rule stating that if \(x^2 = a\), then \(x = \pm\sqrt{a}\), which is used to solve quadratic equations.

Equation

A mathematical statement that asserts the equality of two expressions, typically written in the form \(A = B\), where \(A\) and \(B\) are expressions.