menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 11: A: The Aggregate Expenditures Model
  5. Question
    Explain Why Exports Are Added To, and Imports Are Subtracted
Solved

Explain Why Exports Are Added To, and Imports Are Subtracted

Question 23

Question 23

Essay

Explain why exports are added to, and imports are subtracted from, aggregate expenditures in moving from a closed to an open economy.

Correct Answer:

verifed

Verified

Exports must be added to aggregate expen...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Assume the level of investment is $8

Q19: Define the equilibrium level of output.

Q20: At the current level of real GDP,<br>Sa

Q21: Explain the relationship between net exports and

Q22: The aggregate expenditures model has one over-arching

Q24: If prices are stuck, how can firms

Q25: Why does the inclusion of a lump-sum

Q26: Refer to the following table to answer

Q27: What is the effect of net exports,

Q28: When international trade is considered, explain how

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines