Net exports equals
A) exports of goods and services minus imports of goods and services.
B) imports of goods and services minus exports of goods and services.
C) the government sector balance plus the private sector balance.
D) Both answers A and C are correct.
D
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According to your text, disagreements about the relative efficiency of particular projects are usually disagreements about
A) the best way to conserve energy. B) the best way to conserve non-renewable resources of all kinds. C) scientific facts or technical processes. D) the relative value of particular goods to different people. E) who is entitled to make money from one project or another.
An increase in the restrictions on immigration will shift the
A. AS curve to the left. B. AS curve to the right. C. AD curve to the right. D. None of the choices are correct.