The Large U.S. Current Account Deficit Implies That

question 60

Multiple Choice

The large U.S. current account deficit implies that

• A)U.S. interest rates are too high.
• B)the value of the dollar is too weak.
• C)dollar foreign currency reserves at Asian central banks are too low.
• D)the presidential administration desires to improve growth of overseas economies.
• E)the United States must rely on foreigners to be willing to invest in the United States.

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Definitions:

Chastity

The act of refraining from all forms of sexual intercourse as a measure of self-control or due to religious and cultural beliefs.

Celibacy

The condition of refraining from entering into marriage and engaging in sexual activities.

Dysfunctionality

The state of not functioning normally or adequately, especially in the context of social behaviors and relationships.

Virginal

Pertaining to, characteristic of, or in the state of being a virgin; pure or untouched.