Statement I: U

question 130

Multiple Choice

Statement I: U.S.self-sufficiency in food production and its huge manufacturing base were important factors in winning World War I and II.
Statement II: The relatively small U.S.export-import sector of its economy began to grow significantly in the 1970s.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Formulas

Predefined mathematical equations used to calculate values based on input data, widely used in disciplines such as finance, physics, and chemistry.

Royalty

Money that employees or others receive based on sales, for example an author or musician.

Percentage

A mathematical concept that represents a portion of 100, used in describing proportions and rates in various contexts.

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service.