(The following national income data for an economy are in billions of dollars.)



Refer to the above data. Net exports are equal to:



A.

-$155 billion



B.

$288 billion



C.

-$424 billion



D.

$1483 billion

C.
-$424 billion

Economics

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Financial innovation has caused

A) banks to suffer declines in their cost advantages in acquiring funds, although it has not caused a decline in income advantages. B) banks to suffer a simultaneous decline of cost and income advantages. C) banks to suffer declines in their income advantages in acquiring funds, although it has not caused a decline in cost advantages. D) banks to achieve competitive advantages in both costs and income.

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