Explain the Influence of Domestic Savings on the Current Account

question 92

Essay

Explain the influence of domestic savings on the current account deficit.Explain how it may increase or decrease the current account deficit.

---

Definitions:

Eugenics

The science of improving a human population by controlled breeding to increase the occurrence of desirable heritable characteristics.

Intellectual Functioning

The capacity of the mind to think, learn, and understand effectively and efficiently.

Lewis Terman

A psychologist known for his work in intelligence testing and the longitudinal study of gifted children.

WAIS

Wechsler Adult Intelligence Scale, a standardized test designed to measure intelligence in adults and older adolescents.