Question: b esc That's right. In this case, since C + I + G is greater than total output, net exports must be negative. Recall that

b esc That's right. In this case, since C + I + G is greater than total output, net exports must be negative. Recall that Net Exports = Exports - Imports. Exports are items produced domestically but sold abroad, and imports are items produced abroad but bought domestically. Given this formula, this negative value must mean which of the following? Imports are greater than exports Exports are greater than imports ! 1 O F1 Q Submit 2 -- F2 W # 3 80 F3 E $ 4 Q F4 000 1000/ R % RLO 5 O F5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!