A Trade Deficit Occurs When

question 13

Multiple Choice

A trade deficit occurs when:

• A)government spending exceeds government revenue.
• B)government revenue exceeds government spending.
• C)exports exceed imports.
• D)exports are less than imports.

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Definitions:

ARPAnet

The Advanced Research Projects Agency Network, considered the precursor to the modern Internet, developed in the late 1960s to enable researchers to share computer resources.

Fastest-growing States

States within a country that are experiencing the highest rates of growth in terms of population or economy.

Census 2000

The United States Census conducted in the year 2000 to count and collect information about the country's population.

Nevada

A state located in the western United States, known for its vast deserts, Sierra Nevada mountains, and the entertainment hub of Las Vegas.