Which of the Following Statements Is True

question 164

Multiple Choice

Which of the following statements is true?

• A)Foreigners owned $16.30 in U.S.assets
• B)U.S.residents owned $13.8 trillion in foreign assets
• C)U.S.residents owned $2.5 trillion more assets in the United States than foreigners owned abroad
• D)Foreign purchases of assets in the U.S.subtract from America's productive capacity
• E)Income from foreign-owned assets in the U.S.flows to Americans

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Definitions:

Shares Of Stock

Shares of stock represent units of ownership interest in a corporation, giving shareholders a portion of the company's profits and assets.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders, and it has its own rights and liabilities distinct from those of its owners.

Federal Statutes

Laws enacted by the federal government of a country.

Proprietorship

A business structure owned by a single individual, where the owner is entitled to all profits and responsible for all debts and liabilities.