In the table above, what do net exports equal?
A) a deficit of $700 billion
B) a deficit of $350 billion
C) a surplus of $50 billion
D) a surplus of $1,750 billion
C
Economics
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Which of the following is true of the Industrial Revolution? a. It led to a widening of income inequality between nations
b. It led to an increase in the foreign reserves of all nations. c. It led to a twofold increase in the per-capita GDP of all nations. d. It helped artisans produce the highest-quality products.
Economics
Which of the following policy alternatives would be an appropriate response to a sharp increase in investment spending, assuming policymakers want to stabilize output?
a. increase taxes b. increase the money supply c. increase government expenditures d. All of the above are correct.
Economics