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.
Spotted hyena cubs in Limpopo, South Africa. Note the well defined spots, which will fade with age
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