If Domestic Spending Exceeds Output, We ______ the Difference-Net Exports

question 40

Multiple Choice

If domestic spending exceeds output, we ______ the difference-net exports are ______.

• A) import; negative
• B) export; positive
• C) import; positive
• D) export; negative

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Definitions:

Social Capital

The framework of interpersonal relationships in a specific social setting, ensuring its successful functioning.

Tangible

Refers to physical items or properties that can be seen and touched.

Assessed

Evaluated or estimated the value, quality, or extent of something.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.