Net exports of goods and services is equal to the value of
A) exports plus the value of imports.
B) imports minus the value of exports.
C) domestic consumption minus the value of imports.
D) exports minus the value of imports.
E) domestic consumption minus the value of exports.
D
Economics
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Refer to Figure 24-2. Ceteris paribus, a decrease in the capital stock would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
Economics
The sum of payments made to resource owners for the use of their resources is:
a. gross domestic product. b. net domestic product. c. national income. d. personal income. e. disposable personal income.
Economics