Which of the following would result in a trade surplus for the United States?
A) Exports of goods = $550 billion
Imports of goods = $575 billion
Exports of services = $275 billion
Imports of services = $300 billion B) Exports of goods = $725 billion
Imports of goods = $790 billion
Exports of services = $350 billion
Imports of services = $260 billion
C) Exports of goods = $625 billion
Imports of goods = $625 billion
Exports of services = $300 billion
Imports of services = $375 billion D) None of the above will result in a trade surplus.
D
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a. exceed b. equal c. fall short of d. are greater than
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A. The inability to find a job even though they are looking. B. A two-week summer vacation. C. A strike. D. The lack of motivation to look for work.
At her current level of consumption, Wiebke's marginal utility from an additional pencil is 15 utils, and her marginal utility from an additional pen is 10 utils. This implies that Wiebke would be willing to give up at most ________ pencils for an additional pen.
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