If Wes in Wisconsin Buys $200 Worth of Stock in Toshiba,and

question 132

Multiple Choice

If Wes in Wisconsin buys $200 worth of stock in Toshiba,and the Japanese use the $200 to buy a wheel of cheese from Wes,then the U.S.:

• A)net exports and net capital outflow are both zero.
• B)net exports and net capital outflow both equal $200.
• C)net exports is zero and net capital outflow is $200.
• D)net exports equals $200 and net capital outflow is zero.

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Definitions:

Just-In-Time System

A production and inventory strategy where materials and products are produced or acquired only as needed for use, minimizing inventory costs.

Production Cost Report

A detailed report outlining the total cost involved in the production process including materials, labor, and overhead.

Production Quantity

The total amount of goods produced within a specific time frame, reflecting a company's output level.

Process Cost System

An accounting system used to track and allocate costs of production by process or department, common in manufacturing operations.