Current Account Deficits

question 65

Multiple Choice

Current account deficits:

• A)also result in a capital account deficit of the same size.
• B)result in a capital account surplus of the same size.
• C)may result in either a capital account surplus or deficit.
• D)result because exports exceed imports.
• E)result because government spending exceeds tax revenue.

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Definitions:

Therapeutic Milieu

A structured social environment designed to promote healing and personal growth in treatment settings.

Cognitive Behavioral Therapy

A form of psychotherapy that aims to change negative thought patterns and behaviors to improve mental health and well-being.

Passivity

A behavior characteristic where an individual tends to accept or allow what happens without active response or resistance.

Social Skills

The abilities utilized to communicate, interact, and form relationships with others effectively.