Reducing a Current Account Deficit Requires a Country to

question 40

Multiple Choice

Reducing a current account deficit requires a country to

• A) increase private saving relative to investment.
• B) increase private consumption relative to saving.
• C) increase private investment relative to consumption.
• D) increase private investment relative to saving.

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Definitions:

Constructive Dismissal

A situation where an employee resigns due to the employer creating a hostile or unbearable work environment, effectively forcing the employee out.

Working Conditions

The environment and circumstances under which employees operate, including hours, physical aspects, legal rights, and safety.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed.

Arbitration

A method of resolving disputes outside the courts, where a neutral third party makes a decision.