Net exports are negative when:
A. a nation's imports exceed its exports.
B. the economy's stock of capital goods is declining.
C. depreciation exceeds domestic investment.
D. a nation's exports exceed its imports.
A. a nation's imports exceed its exports.
Economics
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Define the concentration ratio
What will be an ideal response?
Economics
Figure 10-15
The economy's short-run (SRAS ) and long-run (LRAS) aggregate supply curves are shown in , along with three alternative aggregate demand curves and the accompanying equilibrium points. At which point will resource prices naturally tend to decrease?
a.
A
b.
B
c.
C
d.
D
Economics