Which statement is true?A) Xn in the United States has been negative every year since the mid-1970s.B) Xn in the United States was generally positive for most years from the 1920s until 1971.C) Since the mid-1970s,GDP would have been higher without Xn.D) All of the statements are true.

Question

Eduardo Delao sotelo · Accepted Answer

Final Answer : D, Explanation :  All the statements are true: A) The U.S. trade balance (Xn) has been negative since the mid-1970s. B) Historically, the U.S. had a positive trade balance before the 1970s. C) A negative Xn reduces GDP, so GDP would have been higher without it.

Which statement is true?

A) Xn in the United States has been negative every year since the mid-1970s.
B) Xn in the United States was generally positive for most years from the 1920s until 1971.
C) Since the mid-1970s,GDP would have been higher without Xn.
D) All of the statements are true.

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