Solved

Suppose the United States Imports $750 Billion of Goods and Services

Question 101

Multiple Choice

Suppose the United States imports $750 billion of goods and services and exports $620 billion of goods and services. For the purposes of GDP, net exports are:


A) $1,370 billion.
B) $750 billion.
C) $130 billion.
D) -$130 billion.

Correct Answer:

verifed

Verified

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

Related Questions

Q96: As the price level falls the purchasing

Q97: Which of the following would be considered

Q98: The aggregate demand curve is negatively sloped

Q99: Use the following diagram to answer the

Q100: "Much of the fluctuation in GDP is

Q102: GDP has four parts: consumption, investment, government

Q103: Suppose federal government purchases of goods and

Q104: Use the following table to answer the

Q105: During the past three quarters real GDP

Q106: Aggregate demand shows:<br>A) the total amount of