The Balance of Payments Has Become a Central Issue for the United

question 5

Multiple Choice

The balance of payments has become a central issue for the United States because

• A)the U.S.economy cannot grow when the balance of payments is in deficit.
• B)the U.S.has run huge trade deficits in every year since 1982.
• C)the U.S.never experienced a surplus in its balance of payments.
• D)when the balance of payments is not balanced,society is unbalanced.
• E)the U.S.once ran a large trade surplus of about $40 billion.

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Definitions:

Home Child Care

Child care provided in the child’s own home, primarily by a grandmother or other family member, while the parents are at work.

Family Child Care

Child care provided in the home of a relative or someone else.

Economic Factors

Elements that influence the economic performance of an entity, such as inflation rates, employment levels, and GDP growth.

Parental Behavior

The actions and strategies parents use in raising their children, which can affect the children's psychological and emotional development.