Suppose a country's net exports equal -$2.1 billion. Which of the following will happen if the volume of exports increases by $3 billion without any change in the volume of imports?
A) The country's net exports will stand at -$5.1 billion.
B) The country's net exports will stand at zero.
C) The country's net exports will stand at -$0.9 billion.
D) The country's net exports will become positive.
D
Economics
You might also like to view...
One reason that economists usually engage in ________ economic analysis is because the question of fair division of resources is ________ to decide objectively
A) positive; easy B) positive; hard C) normative; easy D) normative; hard
Economics
One of the obstacles to efficiency is monopoly
Indicate whether the statement is true or false
Economics