U.S. imports are goods and services
A. produced abroad and sold to foreigners.
B. produced in the United States and sold to Americans.
C. produced in the United States and sold to foreigners.
D. produced abroad and sold to Americans.
Answer: D
You might also like to view...
Which of the following is true of coinsurance?
A) The policyholders do not have to pay a premium. B) Each policyholder has to pay a certain fee while making claims. C) The responsibility of paying claims is split between the insurer and the policyholder. D) All policyholders pay the same premium irrespective of the scheme they chose.
If you negotiated a salary based on an anticipated inflation rate of 4 percent, and the actual inflation rate turned out to be 6 percent:
A. the purchasing power of your real wages would be more than you anticipated. B. your employer would have gained at your expense. C. your real wage will increase, but your nominal wage will decrease. D. the purchasing power of your wages will not change, since purchasing power is based on your nominal wage.
How is a 401(k) plan taxed?
A. A 401(k) plan is not taxed at all. B. 401(k) contributions are taxed when workers make their contributions, and grow tax-free until retirement. C. Contributions to a 401(k) plan are taxed at the time the contribution is made, and again when the money is withdrawn from the account after retirement. D. A 401(k) plan is taxed when workers withdraw money from the account to pay for retirement expenses.
The long-run aggregate supply curve is
A. vertical. B. downward sloping. C. horizontal. D. upward sloping.