The Two Main Categories of U.S.exports Are

question 53

Multiple Choice

The two main categories of U.S.exports are

• A)transportation goods and fuel
• B)steel and fuel
• C)capital goods and industrial supplies and materials
• D)fuels and agricultural goods
• E)agricultural and transportation goods

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Definitions:

Unit Of Account

A standard numerical monetary unit of measurement that provides a uniform measure of the value of goods and services.

Bank Failures

Occurs when a bank is unable to meet its obligations to depositors or creditors and is taken over by a regulatory agency.

New York Federal Reserve

One of the 12 Federal Reserve Banks of the United States, playing a key role in monetary policy, financial supervision and the payments system.

Money Supply

The total quantity of money available in an economy at a specific time, including currency and various types of bank deposits.