The Balance of Payments Has Become a Central Issue for the United

question 27

Multiple Choice

The balance of payments has become a central issue for the United States because

• A) when the balance of payments is not balanced, society is unbalanced.
• B) the U.S. economy cannot grow when the balance of payments is in deficit.
• C) the U.S. has run huge trade deficits in every year since 1982.
• D) the U.S. never experienced a surplus in its balance of payments.
• E) the U.S. once ran a large trade surplus of about $40 billion.

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Definitions:

Systematic Desensitization

A behavioral therapy technique used to help individuals overcome phobias or anxiety disorders through graduated exposure to the feared object or situation alongside relaxation exercises.

Elevator Fear

A specific phobia involving a fear of elevators, often related to claustrophobia or fear of heights.

Psychoanalytic Psychotherapy

A therapeutic approach that explores how unconscious thoughts and childhood experiences shape behaviors and feelings.

Dependent Patient

An individual who requires assistance from another person for basic daily activities or for making decisions, often due to a health condition or disability.