The Largest Part of the U

question 24

Multiple Choice

The largest part of the U.S. current account consists of

• A) net borrowing between the United States and other countries.
• B) Fed transfers of U.S. dollars to other central banks.
• C) net transfer payments between the United States and Mexico.
• D) receipts from exports and payments for imports.

---

Definitions:

Total Revenue

The overall amount of money generated by a business from the sale of its products or services, calculated by multiplying the price per unit by the number of units sold.

Market Price

The current price at which an asset or service can be bought or sold in a particular marketplace.

Profit-maximizing

Profit-maximizing is the process or goal of a business to operate in a way that achieves the highest possible profit.

Total Revenue

The total amount of money received by a company from its sales or services before any expenses are subtracted.