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guzmanmichelang guzmanmichelang
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5 years ago
Between 2015 and 2016, if an economy's exports rise by $8 billion and its imports fall by $8 billion, by how much will GDP change between the two years, all else equal?
A) Net exports will increase GDP by $8 billion.
B) The increase in exports is offset by the decrease in imports, so there is no change in net exports and no effect on GDP.
C) Net exports will increase GDP by $16 billion.
D) Net exports will decrease GDP by $8 billion.
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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gadryden2gadryden2
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#1
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5 years ago
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guzmanmichelang Author
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5 years ago
Just got PERFECT on my quiz
ethom947
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
hpascoe
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2 hours ago
Thanks
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