Multiple Choice
Which statement is NOT true about net exports?
A) Net exports will be negative if imports exceed exports.
B) Spending on imports in the United States cannot contribute to the GDP of other nations.
C) Spending on imports in the United States contributes to U.S. GDP.
D) Foreign spending on U.S. exports contributes to U.S. GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Which of the following would NOT be
Q31: A recession is a significant,widespread decline in
Q33: Real GDP is calculated using the same
Q51: GDP measures the total production in a
Q121: Orrin mines iron ore,which he sells to
Q156: The value of goods exported from the
Q164: Real GDP per capita is the measure
Q172: An increase in the price you pay
Q203: Social Security benefits paid to current retirees
Q241: If real GDP rose in 2008, we