Multiple Choice
Which of the following statements is correct?
A) An increase in exports will tend to increase, and an increase in imports will tend to decrease, the equilibrium GDP
B) An increase in exports and an increase in imports will both tend to increase the equilibrium GDP
C) An increase in exports and an increase in imports will both tend to decrease the equilibrium GDP
D) An increase in exports will tend to decrease, and an increase in imports will tend to increase, the equilibrium GDP
Correct Answer:

Verified
Correct Answer:
Verified
Q2: One basic assumption of the aggregate expenditures
Q3: Assume that the marginal propensity to consume
Q4: Classical economists held the view that in
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q10: When planned investment exceeds saving in a
Q11: Injections into the income-expenditure stream include:<br>A) Transfer
Q12: A rightward shift of the investment demand
Q60: One basic assumption of the aggregate expenditures
Q80: If the expected rates of return from
Q118: In the aggregate expenditures model of the