A. Net export spending will have a negative value when the country exports more goods than it…

A. Net export spending will have a negative value when the country exports more goods than it imports from other countries.

Group of answer choices

True

False

B. Which of the following components of GDP includes your tuition payments?

Group of answer choices

consumption of nondurable goods

investment

consumption of durable goods

consumption of services

C. In the economy, income earned when producing new final goods and services must equal expenditure on the new final goods and services.

Group of answer choices

True

False

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