The United States Became a Net Debtor Because

question 33

Multiple Choice

The United States became a net debtor because

• A)it ran consistently large current account deficits.
• B)it ran consistently large current account surpluses.
• C)it lent a lot to people in foreign countries.
• D)it provided much foreign aid to other countries.

---

Definitions:

Routine Inquiry

A standard or common question posed to obtain information in familiar or everyday contexts.

Employee-Recognition Banquet

A formal event designed to honor and celebrate the achievements and contributions of employees within an organization.

Shipping Delay

A situation where the delivery of goods takes longer than expected or promised due to various logistical challenges.

Production Delay

A production delay refers to a situation where the creation or manufacture of a product or service is slowed down, leading to longer completion times.