Explain how net exports affect the U.S. economy.Describe both positive and negative impacts onGDP. Why do national income accountants usenet exports to compute GDP, rather than simplyadding exports to the other expenditure componentsof GDP?
Explain how net exports affect the U.S. economy.Describe both positive and negative impacts onGDP. Why do national income accountants usenet exports to compute GDP, rather than simplyadding exports to the other expenditure componentsof GDP?
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 7SQP
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Explain how net exports affect the U.S. economy. Describe both positive and negative impacts on net exports to compute GDP, rather than simply adding exports to the other expenditure components of GDP? |
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