The United States Is a Net Importer of Capital

question 2

Multiple Choice

The United States is a net importer of capital.This means

• A)that U.S.citizens own more foreign assets than foreigners own U.S.assets
• B)that citizens of other countries are buying more U.S.assets than U.S.citizens are buying foreign assets
• C)only that U.S.citizens own foreign assets
• D)only that foreign citizens own U.S.assets
• E)either that U.S.citizens own foreign assets or that foreign citizens own U.S.assets

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Definitions:

Music CDs

Compact discs used to store music recordings, a physical format for retailing music content.

DVDs

Digital Versatile Discs, a type of optical storage media used for storing data, including movies, software, and other information.

Consumption Bundle

A collection of goods and services consumed by an individual or household.

Good X

"Good X" is a term used in economics to represent a hypothetical product or commodity being analyzed or discussed in theory or case studies.