In a Speech to the House of Commons in the U.K

question 155

Multiple Choice

In a speech to the House of Commons in the U.K. on June 23, 2016, Chancellor of the Exchequer George Osborne expressed concern about which of the following economic trends of the U.K.?

• A)That exports had grown too large compared to imports.
• B)That inflation was getting dangerously large.
• C)About the long-run path of the budget deficits.
• D)the long-run path of the currency value of the British pound.

---

Definitions:

Government Bondholders

Individuals or institutions that hold debt securities issued by the government.

Public Charge

An individual who relies on public resources for support, often used in immigration policy to assess the potential dependency of new entrants.

Estates

Historically, a social or political class; in modern terms, often refers to a substantial area of land or property.

Benjamin Franklin

A Founding Father of the United States, renowned for his contributions to the drafting of the Declaration of Independence and the U.S. Constitution, as well as his inventions and scientific discoveries.