Which of the Following Is True

question 67

Multiple Choice

Which of the following is true?

• A) The U.S. current account deficit is a financial obligation of the federal government.
• B) A nation cannot run a current account deficit over a long period.
• C) A country with relatively poor (compared with other countries) domestic investment opportunities and a high saving rate will tend to run a current account deficit.
• D) A country with highly attractive (compared with other countries) domestic investment opportunities and a low saving rate will tend to run a current account deficit.

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Definitions:

Bandura's Theory

Refers to Albert Bandura's Social Learning Theory, which emphasizes the importance of observing, modeling, and imitating the behaviors, attitudes, and emotional reactions of others.

Modeling

A psychological concept that refers to the process of learning behaviors, attitudes, and emotional reactions through observing others.

Bandura's Theory

Albert Bandura's social learning theory, which proposes that people learn new behaviors through observational learning, modeling, and imitating others.

Computer Competence

The ability to use computers effectively and efficiently, including basic knowledge of hardware, software, and internet operations.