The Large Current Account Deficits in Australia Mean That

question 130

Multiple Choice

The large current account deficits in Australia mean that:

• A)foreign investors accumulate more Australian assets than Australian investors accumulate foreign assets.
• B)private savings have been at historically high levels.
• C)foreign investors lack confidence in the strength of the Australian economy and the buying power of Australian consumers.
• D)there has been little or no foreign investment in Australia.

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Definitions:

Information-Processing Stages

The steps through which information is acquired, encoded, stored, and retrieved in the cognitive system.

Information Attention

The focus on relevancy and significance of information in decision-making or cognitive processes.

Information Retrieval

Information retrieval is the process of obtaining relevant information from a collection of resources, such as databases or the internet, based on specific queries or criteria.

Projection

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