The Trade Balance Component of Aggregate Demand Is a Function

question 46

Multiple Choice

The trade balance component of aggregate demand is a function of all the following, EXCEPT:

• A) foreign disposable income.
• B) domestic disposable income.
• C) the real exchange rate.
• D) consumer spending.

---

Definitions:

Heroin

A highly addictive opioid drug derived from morphine, used illicitly for its euphoric effects.

Smoking

The act of inhaling and exhaling the smoke of tobacco or other substances, often linked to various health risks and diseases.

Birth Weights

Birth weights are the first weights of newborns taken immediately after birth. Birth weight is an important indicator of neonatal health and development prospects.

Stillbirths

The birth of a baby who is born without any signs of life at or after 24 weeks of gestation.