Mike,a USCitizen,buys $1,000 Worth of Cheese from France

question 72

Multiple Choice

Mike,a U.S.citizen,buys $1,000 worth of cheese from France.His action alone

• A)increases U.S.imports by $1,000 and increases U.S.net exports by $1,000.
• B)increases U.S.imports by $1,000 and decreases U.S.net exports by $1,000.
• C)increases U.S.exports by $1,000 and increases U.S.net exports by $1,000.
• D)increases U.S.exports by $1,000 and decreases U.S.net exports by $1,000.

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Definitions:

Defined-Benefit Pension Plans

Retirement plans where the employer guarantees a specific retirement benefit amount based on factors such as salary history and duration of employment.

Childcare

The care and supervision of a child or children, typically from infancy to age thirteen, by a person other than the child's legal guardians.

Eldercare

Support and services provided to meet the needs and requirements of elderly people.

Extended Leave

A period of absence from work granted to employees for reasons such as medical conditions or family care, which is longer than typical vacation or sick leave.