Net exports of goods and services are defined as the
A) value of the goods we sell to foreigners.
B) income we receive from selling goods to foreigners.
C) value of exports minus the value of imports.
D) value of exports minus the income we receive from foreigners.
E) value of exports plus the income we receive from foreigners.
Question 2
Economic theory assumes people make decisions by weighing additions to cost against additions to benefit, which can best be described as
A) additivism.
B) capitalism.
C) marginalism.
D) opportunism.
E) rationalism.
Leading & Managing Defined
Worldly Goods
One target for expanding medical services involves vaccinations. Only 78 percent of children ages 19 ...
CPT Modifiers Used for Medical Office Services
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
How to create a price index to calculate inflation for a basket of goods