Multiple Choice
What does the X represent in the following formula,used to calculate GDP? GDP = C + I + G + (X - M)
A) exports
B) imports
C) net exports
D) government spending
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q106: The proprietors' income component of the income
Q165: Suppose the Federal Reserve Bank of Chicago's
Q167: When the National Activity Index is at
Q169: Expenditures by individuals for durable goods,nondurable goods,and
Q171: An economy has historically grown at a
Q174: It is possible for the unemployment rate
Q174: Which ONE of the following transactions would
Q205: A major appliance is an example of
Q284: What are some of the important economic
Q292: In the national income and product accounts