If the value of a nation’s imports exceeds the valueof its exports, which of the following is NOT true?a. Net exports are negative.b. GDP is less than the sum of consumption,investment, and government purchases.c. Domestic investment is greater than nationalsaving.d. The nation is experiencing a net outflow ofcapital.
If the value of a nation’s imports exceeds the valueof its exports, which of the following is NOT true?a. Net exports are negative.b. GDP is less than the sum of consumption,investment, and government purchases.c. Domestic investment is greater than nationalsaving.d. The nation is experiencing a net outflow ofcapital.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
If the value of a nation’s imports exceeds the value
of its exports, which of the following is NOT true?
a. Net exports are negative.
b.
investment, and government purchases.
c. Domestic investment is greater than national
saving.
d. The nation is experiencing a net outflow of
capital.
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