A Texas Ranch Sells Beef to a U

question 19

Multiple Choice

A Texas ranch sells beef to a U.S.company that sells it to a grocery chain in Japan.These sales

• A)decrease U.S.exports but increase U.S.net exports.
• B)decrease both U.S.exports and U.S.net exports.
• C)increase both U.S.exports and U.S.net exports.
• D)increase U.S.exports but decrease U.S.net exports.

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Definitions:

Fiscal Policy

Governmental decisions on taxation and spending policies aimed at influencing the national economy's performance.

Deficit Spending

A government's expenditure surpassing its revenue, causing or increasing a deficit.

Department of Agriculture

A government division responsible for developing and executing policies on farming, agriculture, and food, aimed at ensuring food safety and promoting agricultural productivity.

Public Education

An education system that is publicly funded through taxation, meant to provide free educational opportunities to students without discrimination.