Author Question: Net exports of goods and services increase when A) exports of goods and services decrease and ... (Read 94 times)

laurencescou · **on:** Jun 29, 2018

Net exports of goods and services increase when

A) exports of goods and services decrease and imports of goods and services do not change.
B) consumption expenditure increases.
C) exports of goods and services increase and imports of goods and services do not change.
D) consumption expenditure decreases.
E) imports of goods and services increase and exports of goods and services do not change.

Question 2

An English auction ends when ________.

A) no bidder is willing to bid any higher
B) a bidder accepts the price announced by the auctioneer
C) a bidder bids above the market price of the good
D) a bidder bids below the starting bid