Author Question: Suppose a country's net exports equal -21.3 billion. Which of the following will happen if the ... (Read 62 times)

danielfitts88 · **on:** Jun 30, 2018

Suppose a country's net exports equal -21.3 billion. Which of the following will happen if the volume of exports increases by 1 billion, imports remaining unchanged?

A) The country's net exports will be equal to -20.3 billion.
B) The country's net exports will become positive.
C) The country's net exports will be equal to -22.3 billion.
D) The country's net exports will be zero.

Question 2

Which of the following statements is true?

A) When banks borrow from the discount window, it is an admission of trouble.
B) The discount window is operated only in periods of economic expansion.
C) The discount window is accessible only to well-performing banks.
D) The discount window in the United States is operated by Citibank.