Over the Last Twenty Years in the U

question 2

Multiple Choice

Over the last twenty years in the U.S., the number of banks has:

• A)Steadily increased
• B)Stayed about the same
• C)Steadily decreased
• D)More than doubled

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Definitions:

Imports

Goods or services brought into one country from another for the purpose of being sold or used, contributing to the domestic supply of products.

Trade Deficit

Occurs when a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Net Capital Outflow

Disparity in investment activities, with locals buying assets internationally, in contrast to foreigners buying domestically.

Net Exports

The net amount obtained by subtracting a nation's total imports from its total exports.