A Balance-Of-Trade Surplus Exists

question 15

Multiple Choice

A balance-of-trade surplus exists

• A)if the dollar value of exports exceeds the dollar value of imports.
• B)if the dollar value of imported capital exceeds the dollar value of exports.
• C)only if there is relative price inflation domestically.
• D)only if full employment exists domestically.
• E)only when there is an excess supply of money domestically.

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Definitions:

Nucleic Acids

Large biomolecules essential for all known forms of life, including DNA and RNA, which carry genetic information.

Phospholipids

A class of lipids that are a major component of all cell membranes, consisting of two fatty acids, a glycerol unit, and a phosphate group.

ATP

Adenosine triphosphate, a universal energy currency of cells, used to fuel various cellular processes.

Macronutrient

A type of nutrient required in large amounts for human growth, development and maintenance, including proteins, fats, and carbohydrates.