Over the Last Several Years the U

question 57

Multiple Choice

Over the last several years the U.S. has run persistent

• A)balance-of-payments deficits.
• B)balance-of-payments surpluses.
• C)current Account deficits.
• D)capital Account deficits.

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Definitions:

Price Controls

Government-imposed limits on the prices charged for goods and services in a market, aimed at maintaining affordability or preventing inflation.

Hurricane

A powerful tropical cyclone with heavy rain and strong winds, originating over warm ocean waters and potentially causing significant damage upon landfall.

Availability

The state of being able to be used or obtained, typically referring to goods, services, or resources.