If U.S. Net Exports Are Positive

question 140

Multiple Choice

If U.S. net exports are positive,

• A) the United States borrows from other countries to pay for some of the goods the United States purchases from them.
• B) other countries borrow from the United States to pay for some of the goods they purchase from the United States.
• C) the United States sells some of the assets it owns in other countries to pay for some of the goods it sells to other countries.
• D) other countries make loans to the United States so that the United States can pay for some of the goods it purchases from other countries.

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or parameter estimate, impacting the shape and scale of the distribution.

Rule of 5

An empirical rule suggesting that a sample of size five is often sufficient for capturing the median of a population, specifically under conditions reflected in the five-number summary.

Independent Events

Two or more events whose occurrence or outcome does not affect one another.

Multinomial Experiment

An experiment consisting of a fixed number of trials where each trial has multiple possible outcomes and the trials are independent.