Total output of an economy can be divided into its alternative uses by considering who bought the output. When people in other countries purchase part of an economy's output, this is called: Please choose the correct answer from the following choices, and then select the submit answer button.   net exports. exports. investment. consumption

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 6P
icon
Related questions
Question

Total output of an economy can be divided into its alternative uses by considering who bought the output. When people in other countries purchase part of an economy's output, this is called:

Please choose the correct answer from the following choices, and then select the submit answer button.
 
net exports.
exports.
investment.
consumption.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Exports
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning