If net exports is negative, it must be the case that . rev: 04_09_2018 Multiple Choice the value of goods, services, and resources imported is less than the value exported the value of goods, services, and resources exported is less than the value imported more goods are being imported than exported more goods are being exported than imported

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: