Net exports is calculated by subtracting what from exports?

a. aggregate expenditure
b. government purchases
c. imports
d. inventories

c

Economics

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In the long-run equilibrium in a perfectly competitive market, the economic profit of the firms is

A) positive. B) negative. C) zero. D) increasing.

Economics

Which of the following is likely to have the most price inelastic demand?

a. mint-flavored toothpaste b. toothpaste c. Colgate mint-flavored toothpaste d. a generic mint-flavored toothpaste

Economics