Which of the Following Is True Concerning Unilateral Transfers in the U.S.balance

question 32

Multiple Choice

Which of the following is true concerning unilateral transfers in the U.S.balance of payments?

• A)Unilateral transfers have been positive since World War II.
• B)Unilateral transfers have been negative since World War II.
• C)Unilateral transfers have been negative every year since World War II except during the war in Iraq.
• D)The United States places tight restrictions on its currency being sent out of the country.
• E)Developing countries ordinarily place no restrictions on its currency being sent out of their countries.

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Definitions:

Machine-hours

A measure of production time, indicating the number of hours that machines are operational in the manufacturing process.

Direct Labor-hours

The total time worked by employees that can be directly associated with the production of specific goods or services.

Manufacturing Overhead

Manufacturing overhead encompasses all indirect costs associated with the manufacturing process, including utilities, maintenance, and equipment depreciation.

Fixed Manufacturing Overhead

Overhead costs in manufacturing that remain constant regardless of the volume of production, such as salaries of supervisors and factory rent.