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    Microeconomics Study Set 45
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    Exam 27: The Balance of Payments, Exchange Rates, and Trade Deficits
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    The Table Contains Hypothetical Data for the U
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The Table Contains Hypothetical Data for the U

Question 23

Question 23

Multiple Choice

  The table contains hypothetical data for the U.S. balance of payments. All figures are in billions of dollars. The U.S. balance on goods and services is a A) $10 billion deficit. B) $20 billion deficit. C) $30 billion surplus. D) $30 billion deficit. The table contains hypothetical data for the U.S. balance of payments. All figures are in billions of dollars. The U.S. balance on goods and services is a


A) $10 billion deficit.
B) $20 billion deficit.
C) $30 billion surplus.
D) $30 billion deficit.

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