The Massive Deficit in the U

question 12

Multiple Choice

The massive deficit in the U.S. current account primarily reflects the

• A)excess of foreign investment in the U.S. over domestic private investment.
• B)excess of U.S. exports over U.S. imports.
• C)excess of U.S. imports over U.S. exports.
• D)transfers of money home by U.S. citizens working in other countries.

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Definitions:

Dutch Philosopher

A philosopher hailing from the Netherlands, known for contributing to a wide range of philosophical discussions and theories.

Significance

The quality of being worthy of attention; importance.

Goal

A desired result or outcome that an individual or group aims to achieve through concerted effort.

Ambiguous

Characterized by having more than one possible interpretation, meaning, or outcome, often leading to vagueness or confusion.