Which of the Following Is a Correct Statement

question 85

Multiple Choice

Which of the following is a correct statement?

• A)Wealth can increase even if there is no saving.
• B)An increase in net foreign assets always increases wealth.
• C)Low U.S.national saving is the principal cause of the trade deficits the U.S.has run since the 1980s.
• D)The U.S will be a net debtor nation for the foreseeable future.
• E)all of the above

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Definitions:

Labor Cost Reductions

Strategies or measures implemented to decrease the amount of money spent on employee wages, benefits, and other related labor expenses.

Modules

Independent or separable components of a system or product that can operate on their own or be combined with other modules for added functionality.

Manufacturing Processes

Methods andtechniques used to transform raw materials and components into finished goods.

Value-Stream Mapping

A lean management tool for analyzing the current state and designing a future state for the series of events that take a product or service from its beginning through to the customer.