When exports are less than imports, the United States has
A) a trade surplus.
B) a trade deficit.
C) an income surplus.
D) a government deficit.
Correct Answer:
Verified
Q10: A corporation is defined as
A) a business
Q11: During the Great Depression, unemployment reached a
Q12: Which of the following would be classified
Q13: Gross Domestic Product consists of spending on
A)
Q14: What is included in employee compensation?
A) Wages,
Q16: Property income includes
A) bonuses, commissions, rent, and
Q17: What is the definition of the term,
Q18: What are net exports?
A) Exports after all
Q19: Holding everything else constant, if exports are
Q20: What is disposable personal income?
A) Income that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents