Which of the Following Has Contributed to Large U

question 82

Multiple Choice

Which of the following has contributed to large U.S. trade deficits in recent years?

• A) China fixing its exchange rate
• B) rapid decreases in the price of oil that have triggered dramatic increases in oil imports
• C) a rising U.S. saving rate
• D) All of these have contributed.

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Definitions:

Moral Hazard

The situation where one party is more likely to take risks because the consequences of those risks will be felt by another party.

Uninsured

Individuals or entities lacking insurance coverage, exposing them to potential financial loss from unforeseen events or health issues.

Relatively Healthy

Describes a condition or state of being that is generally good or beneficial, especially in comparison to other similar circumstances or metrics.

Means-Tested

A method of determining eligibility for certain types of financial or social assistance based on the applicant's means or income and assets.