menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 8
  4. Exam
    Exam 1: Introduction to Macroeconomics
  5. Question
    In 2005,DAMA's Exports Were $30 Billion,imports $40 Billion,and Real GDP
Solved

In 2005,DAMA's Exports Were $30 Billion,imports $40 Billion,and Real GDP

Question 19

Question 19

Multiple Choice

In 2005,DAMA's exports were $30 billion,imports $40 billion,and real GDP $200 billion.DAMA had a trade ________ equal to ________ of GDP in 2005.


A) surplus;5 percent
B) deficit;5 percent
C) surplus;10 percent
D) deficit;10 percent

Correct Answer:

verifed

Verified

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

Related Questions

Q14: The main goal of macroeconomic research is

Q15: If the theory behind an economic model

Q16: Determine whether each of the following is

Q17: When an economist wants to develop a

Q20: The two major reasons for the tremendous

Q21: Comparative static experiments<br>A)are conducted in social sciences

Q22: Canadian imports are goods and services<br>A)produced abroad

Q23: A theoretical analysis of the effect of

Q24: The Keynesian approach to macroeconomics assumes that<br>A)wages,but

Q56: A country has a trade deficit when<br>A)imports

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