The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 44

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following statements, in the context of U.S. exports, is true?

• A)The U.S. exports products produced in the low wage industries.
• B)Primary products account for the largest share of U.S. exports to developed nations.
• C)The U.S. mainly exports labor intensive goods.
• D)Most U.S. exports are produced in high-wage industries.
• E)A bulk of U.S. exports to developing nations comprise of perishable commodities.

---

Definitions:

Indirect Method

A way of calculating cash flows for the cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash operations.

Statement of Cash Flows

A financial statement showing the cash inflows and outflows from operating, investing, and financing activities over a specific period.

Operating Activities

Day-to-day business functions and transactions related to a company's core business operations, such as sales and purchasing.

Net Income

The profit a company has after all expenses, taxes, and costs have been subtracted from total revenue.