The Accompanying Table Contains Hypothetical Data for the U

question 265

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { U.S. goods exports } & + \$ 390 \\\hline \text { U.S. goods imports } & - 498 \\\hline \text { U.S. service exports } & + 133 \\\hline \text { U.S. service imports } & - 107 \\\hline \text { Net investment income } & + 12 \\\hline \text { Net transfers } & - 22 \\\hline \text { Capital account } & - 5 \\\hline \text { Foreign purchases of U.S. assets } & + 156 \\\hline \text { U.S. purchases of foreign assets } & - 59 \\\hline\end{array}$$ The accompanying table contains hypothetical data for the U.S. balance of payments in a year. All ?gures are in billions of dollars. The balance on the ?nancial account was a

• A) $92 billion surplus.
• B) $97 billion surplus.
• C) $92 billion de?cit.
• D) $97 billion de?cit.

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Definitions:

Asserted

Stated confidently or forcefully as a fact or belief.

Unasserted

Not confidently or forcefully stated or expressed.

Connective

A word or phrase in logic that connects propositions, such as "and," "or," and "not."

Asserted

To declare affirmatively; to state as a fact.