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Using the data in the following tables, Let matrix A represent imports (in billions of dollars) to U.S. from country groupings, and let matrix B represent exports (in billions of dollars) from U.S. to country groupings. Find the U.S. trade balance with each country grouping in each year by finding matrix B - A.
Imports to U.S. from Country Groupings
($billions) Exports from U.S. to Country Groupings
($billions)
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Locations where coal is extracted from the earth, often involving extensive mining operations.
Rental Expenses
Rental expenses are costs incurred in the operation, maintenance, and management of rental property and can include repairs, property taxes, and mortgage interest, often deductible for tax purposes.
Schedule E
A form used by taxpayers in the United States to report income and losses from rental property, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.
Depreciation
The reduction in the value of an asset over time, due to wear and tear, age, or obsolescence.
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