Which One of the Following Is Not a Major Factor

question 206

Multiple Choice

Which one of the following is not a major factor that contributed to large trade deficits in the United States in the period 2002-2007?

• A)a declining saving rate coupled with a rising investment rate in the U.S.
• B)a U.S. economy growing faster than its trading partners
• C)large trade deficits with OPEC economies
• D)flexible exchange rate between the U.S. dollar and the Chinese yuan

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Definitions:

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences.

Nobel Prize

Prestigious international awards given annually in several categories including Peace, Literature, and various sciences, to individuals or organizations that have made significant contributions to humanity.

Flynn Effect

The observed increase in IQ scores over time across the world, attributed to improvements in nutrition, education, and environmental factors.

IQ Scores

IQ scores, or Intelligence Quotient scores, are a standard measure used to assess human intelligence, typically through standardized tests yielding a score that aims to place an individual’s intelligence level on a scale.