The Following Table Contains Data for the U

question 41

Multiple Choice

The following table contains data for the U.S. balance of payments in a prior year. Answer the question on the basis of this information. All figures are in billions of dollars. U.S. goods exports +$793
U.S. goods imports -1573
U.S. exports of service +280
U.S. imports of services -222
Net investment income +5
Net transfers -81
Capital account -5
Foreign purchases of assets in the U.S. +1198
U.S. purchases of foreign assets -395
Refer to the table above. The data indicate that Americans:

• A) Bought foreign assets abroad more than foreigners bought assets in the U.S.
• B) Invested abroad more than foreigners invested in America
• C) Earned more from their investments abroad than foreigners earned from their investments in America
• D) Sold more products to buyers abroad than what foreign producers sold to buyers in America

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Definitions:

Independent Variable

The variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Cross-Sectional Study

A type of observational study that analyzes data from a population at a specific point in time.

Ethical Issues

Controversial questions or dilemmas that arise in the context of professional conduct, often related to morality, ethics, legality, and human rights.

Research Participants

Individuals who take part in a research study, providing data through their responses or behaviors for the purpose of scientific investigation.