Of the Following,________ Account(s)for the Largest Share of Imports into the United

question 217

Multiple Choice

Of the following,________ account(s) for the largest share of imports into the United States.

• A) food and drinks
• B) clothing and footwear
• C) crude oil
• D) computers
• E) chemicals

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Definitions:

Consumption

The use of goods and services by households or individuals, typically considered as the end phase in the economic cycle of production, distribution, and use.

Satisfaction

The fulfilment of one’s wishes, expectations, or needs, or the pleasure derived from this.

Marginal Utility

The additional satisfaction or happiness gained from consuming an additional unit of a good or service.

Paint

A substance used to apply color or protection, consisting of pigment suspended in a liquid or paste medium such as oil or water.