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Oe business cycle QUESTION 6 An unfavorable balance of trade occurs when O a- th

ID: 392398 • Letter: O

Question

Oe business cycle QUESTION 6 An unfavorable balance of trade occurs when O a- the total outflow of money is less than the total inflow of money. O b exports equal imports OC the total outflow of money is greater than the total infiow of money O d.exports are greater than imports. O e imports are greater than exports. QUESTION7 -is the study ofhow wealth is created and distributed. 0 a. Marketing Capitalism 0c.Finance o d. Economics Oe Business Cliok Save and Submit to saue and submit.Click Save All Answers to sqve all ansupers 13 2 4 5

Explanation / Answer

Ans:

6) Option E

imports are greater than exports.

Balance of trade is the difference between the value of a country's exports and imports for a given period. Balance of trade is favorable when exports exceed imports.

7) Option D

economics

Economics is the study of how wealth is created and distributed.

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