Vertical relationships can increase profits through

Suppose the United States spends more on foreign goods and services than foreigners spend on our goods and services and the United States sells no foreign assets. Then the

A) United States must borrow an amount equal to national saving. B) United States must borrow an amount equal to imports minus exports. C) rest of the world may or may not finance the U.S. trade deficit. D) United States must borrow an amount equal to consumption expenditure plus investment.

Society as a whole faces opportunity costs because

a. there is not enough money to go around b. politicians are greedy c. workers shirk their responsibilities and management is unable to compensate for this d. resources are abundant e. resources are scarce