Looking at the U

question 54

Multiple Choice

Looking at the U.S.balance of payments from 1980 to 2008, we see that the

• A) current account was positive until 1992 then turned negative.
• B) current account has been negative for most years and was small in the late 1980s and early 1990s.
• C) capital account has been negative for most years and was small in the late 1980s and early 1990s.
• D) official settlements account was large in the 1980s relative to the current account.
• E) current account was negative until 1992 then turned positive.

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Definitions:

Environmental Influences

Refers to the external factors and conditions that affect an individual's development, behavior, and learning process.

Physical Changes

Alterations in the body’s structure, function, or physical appearance, commonly occurring due to aging, development, or health conditions.

Socioeconomic Status

A way to determine a person's or family's standing in society by looking at their financial condition, educational achievement, and employment.

Ethnicity

A category of identity based on shared cultural traits, ancestry, language, history, and sometimes physical appearance.