Figure 3-A -U.S.Office of Management and Budget Has Developed a Classification System

question 77

Multiple Choice

Figure 3-A
-U.S.Office of Management and Budget has developed a classification system that defines geographic areas based on the size of the population that is contained within them.The U.S.Census Bureau uses these statistical areas to collect,tabulate,and publish various reports on demographic profiles and economic activity.Based on Figure 3-A above,which of the following best defines a micropolitan statistical area for the Dallas-Fort Worth geographic area?

• A) the counties in the darker shaded areas (e.g. Grayson [Sherman-Denison], Collin, Delta, Dallas, Kaufman, Johnson, Tarrant, Parker, Wise, etc.)
• B) the cities of Mineral Wells, Gainesville, Bonham, Athens, and Granbury (within their respective counties) in the lighter shaded areas
• C) the counties of Wise, Parker, Tarrant, and Johnson bounded by the black line
• D) the Fort Worth-Arlington area (within Tarrant county) that is in the darker shaded area
• E) the entire set of counties in the light and darker shaded areas

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Definitions:

Dumping

The practice of selling goods in a foreign market at a price that is below the cost of production or below the price in the home market, often considered an unfair trade practice.

Government Subsidies

Financial assistance provided by the government to individuals, organizations or industries to support or promote economic and social policies.

Budget Surplus

A situation where income or receipts exceed expenditures, typically within a government's budget.

U.S. Exports

The outbound shipment of goods and services from the United States to other countries.