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Author Question: Which of the following would result in a trade surplus for the United States? A) Exports of goods ... (Read 99 times)

littleanan

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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.

Question 2

The willingness of consumers to buy a product at different prices is shown on a
 
  A) demand curve. B) production possibilities frontier.
  C) supply curve. D) marginal cost curve.



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mfedorka

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Answer to Question 1

D

Answer to Question 2

A




littleanan

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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