In 2016, Net Exports in the United States Were

question 154

Multiple Choice

In 2016, net exports in the United States were

• A) zero.
• B) positive.
• C) negative.
• D) greater than personal consumption expenditures.

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Definitions:

Sunk Costs

Past expenditures that cannot be recovered and should not affect current or future business decisions.

Other People's Resources (OPR)

refers to the strategic use of resources owned by others, such as time, money, or knowledge, to achieve one's objectives.

Corporate Social Responsibility (CSR) Committee

A group within an organization dedicated to overseeing the company's efforts and strategies in being socially accountable to its stakeholders and the public.

Legal Work

Professional tasks involving the application of law or legal procedures by qualified individuals like lawyers or paralegals.