A Savings Glut in Other Countries Is One Possible Reason

question 17

Multiple Choice

A savings glut in other countries is one possible reason for the U.S.:

• A) current account deficit.
• B) capital account surplus.
• C) trade deficit.
• D) current account deficit,capital account surplus,and trade deficit.

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Definitions:

Simplify

The process of altering an expression into its most basic form or version, usually by combining like terms and applying mathematical operations.

Expression

A combination of symbols that represents a quantity or a relationship between quantities in mathematics or computer programming.

Rationalize

The process of modifying an expression to eliminate radicals from the denominator or complex numbers from the denominator of a fraction.

Denominator

The bottom part of a fraction that tells into how many equal parts the whole is divided.