Ifthe 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.GDP is less than the sum of consumption, investment, and government purchases. c.Domestic investment is greater than national saving. d.The nation is experiencing a net outflow of capita
Ifthe 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.GDP is less than the sum of consumption, investment, and government purchases. c.Domestic investment is greater than national saving. d.The nation is experiencing a net outflow of capita
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Ifthe 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.GDP is less than the sum of consumption, investment, and government purchases.
c.Domestic investment is greater than national saving.
d.The nation is experiencing a net outflow of capita
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