Table 23-2 the Table Below Contains Data for Country a for the for the Year

question 254

Multiple Choice

Table 23-2
The table below contains data for country A for the year 2010.
-Refer to Table 23-2. What were country A's imports in 2010?

• A)-$32
• B)$32
• C)$88
• D)$120

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Definitions:

Resource Prices

The costs associated with procuring the natural, human, and capital resources needed for producing goods and services.

Natural Rate

The unemployment rate or level of activity achieved in an economy when it is at full employment, without accelerating inflation.

Unemployment

The situation in which individuals who are capable of working are actively seeking work but are unable to find employment.

Cyclical

Pertaining to fluctuations in economic activity occurring due to the natural business cycle, including expansions, peaks, recessions, and troughs.