Which of the Following Is NOT an Explanation for the Growth

question 23

Multiple Choice

Which of the following is NOT an explanation for the growth of the trade deficit in the United States over the last thirty years

• A) the rising price of oil in the 1970s
• B) the rising value of the dollar in the 1980s
• C) the higher growth rate of the U.S. in the 1990s
• D) The lower levels of protectionist policies in the 1990s

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Definitions:

Nominal

Refers to data that can be categorized into named groups that do not imply any rank or order among them.

Nominal

A term describing a scale of measurement where numbers serve as labels for identification or classification, without any quantitative value.

Ordinal

Relating to a category of data measurement levels that reflects the order of the values, but not the difference between them.

In-Basket Tests

A simulation exercise used in assessments whereby candidates prioritize and respond to a series of business-related tasks or emails.