If a Country Has a Trade Deficit of $30 Billion

question 180

Multiple Choice

If a country has a trade deficit of $30 billion, which of the following can be true?

• A) The country's exports are $150 billion, and its imports are $120 billion.
• B) The country's exports are $110 billion, and its imports are $140 billion.
• C) The country's exports are $120 billion, and its imports are $140 billion.
• D) The country's exports are $140 billion, and its imports are $40 billion.

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Definitions:

Standard Error of Measurement (SEM)

The standard error of measurement (SEM) is an estimate of the variation in scores due to measurement error, indicating how repeated measures of a person on the same instrument might differ.

T Score

A type of standardized score that has been adjusted to fit a normal distribution, typically with a mean of 50 and a standard deviation of 10.

Test-Retest Reliability

The consistency of a psychological test or assessment over time, measured by administering the same test to the same subjects at two different points in time.

Standard Error of Measurement (SEM)

A statistic that reflects the amount of error in the measurement of a score, indicating its accuracy and precision.