Which of the Following Is Not True About the U

question 203

Multiple Choice

Which of the following is not true about the U.S.trade balance since 1979?

• A)The balance of trade has been in deficit.
• B)During recessions the balance has usually been flat.
• C)The balance of trade has been in surplus.
• D)When the economy expanded, the demand for imports increased.
• E)When the economy expanded, the trade balance worsened.

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Definitions:

Shared Benefits

Advantages or positive outcomes that are distributed among or accessible to multiple parties.

Local Costs

Expenses that are incurred within a specific geographic location, often referring to the cost of operations, labor, and materials.

Garbage Collection

The process of removing waste materials from homes, businesses, and public areas to ensure cleanliness, health, and environmental protection.

Refuse Collected

The activity of gathering waste materials for disposal or recycling.