According to the hypothetical economy in Figure 5.4, net exports:
A. Made a positive contribution to GDP from 1990 to 2000.
B. Were a positive number from 1970 to 1990.
C. Reduced the standard of living from 1970 to 1990.
D. All of the above.
Answer:A
According to the hypothetical economy in Figure 5.4, net exports:
A. Made a positive contribution to GDP from 1990 to 2000. B. Were a positive number from 1970 to 1990. C. Reduced the standard of living from 1970 to 1990. D. All of the above.