True/False
Gross exports depend on the behavior of foreign businesses and consumers.
The amount of exports the United States sells depends on how well consumers and businesses are doing overseas; a recession will leave them with less income so they will buy fewer U.S.exports.Likewise,U.S.imports depend directly on the U.S.economy.Higher U.S.incomes mean more consumption of both U.S.GDP as well as foreign production.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Which of the following will cause the
Q17: When the APC is greater than 1,the
Q44: Dissaving occurs whenever<br>A)Current supply exceeds current production.<br>B)Current
Q54: Which of the following is not a
Q76: What must the value of the average
Q109: The marginal propensity to consume (MPC)is related
Q110: The MPC + MPS must always equal<br>A)The
Q114: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5716/.jpg" alt=" Assuming that investment,government
Q117: One In the News article titled "News
Q118: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5716/.jpg" alt=" Given the information