The Current Account Deficit and Capital Account Surplus of the United

question 75

Multiple Choice

The current account deficit and capital account surplus of the United States

• A) means that U.S. consumers are worse off.
• B) means that in the long run, many U.S. jobs are lost.
• C) implies that foreign nations exert unmatched control over U.S. economic activity.
• D) has no relevance to a country's long run economic growth.

---

Definitions:

Human Error

Mistakes made by individuals in performing tasks or making decisions, often leading to deviations from intended outcomes or processes.

Control Activity

Actions, policies, and procedures that are implemented to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Receivables

Amounts owed to a company by its customers for goods or services delivered on credit.