Question : Net earnings is ___, when receipts from exports are less than payments for imports.
Option 1: Negative
Option 2: Zero
Option 3: Positive
Option 4: None of the above.
Correct Answer: Negative
Solution : Net earnings is negative, when receipts from exports are less than payments for imports. Hence, Option A is correct.
Question : Net earnings is ___, when receipts from exports are more than payments for imports.
Question : Net earnings is ___, when receipts from exports are equal to payments for imports.
Question : Net exports = ?
Question : When income level is zero, the consumption is ___________.
Question : The difference between exports and imports is _______.
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