If USExports Are $150 Billion and U

question 134

Multiple Choice

If U.S.exports are $150 billion and U.S.imports are $100 billion,which of the following is correct?

• A)The U.S.has a trade surplus of $100 billion.
• B)The U.S.has a trade surplus of $50 billion.
• C)The U.S.has a trade deficit of $100 billion.
• D)The U.S.has a trade deficit of $50 billion.

Identify how personal spending contributes to the income of others in an economy.

Discern the critical role of incentives in shaping economic behaviors and outcomes.

Acknowledge the limitations of market economies in achieving equity and the potential need for government intervention to address these limitations.

Understand the ethical guidelines governing psychologist-client interactions, including confidentiality and professional boundaries.

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Definitions:

Aesthetic Needs

The human desire for beauty and pleasing experiences in one’s surroundings, contributing to mental and emotional well-being.

Handmade Quilt

A crafted blanket made by stitching layers of fabric together, often with intricate patterns and designed for warmth or decoration.

Drawsheets

Small bed sheets placed across the middle of the bed over the bottom sheet to assist with moving or repositioning patients.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which posits that human needs range in a hierarchy from basic physical needs to self-actualization and transcendence.