Two of the Implications of Large U

question 51

Multiple Choice

Two of the implications of large U.S. trade deficits for the United States are

• A)decreased current consumption and decreased indebtedness to foreigners.
• B)reduced budget deficits and decreased indebtedness to foreigners.
• C)reduced current consumption and higher saving.
• D)increased current consumption and increased indebtedness to foreigners.

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Definitions:

Knowledge

The awareness or understanding of information, facts, skills, or subjects obtained through experience or education.

Attitude

A predisposition in psychology where one assesses an entity showing a certain level of approval or disapproval.

Self Competency

An individual's understanding and knowledge of their own abilities and capacities, contributing to their overall self-efficacy and performance.

Job Interviews

The process by which employers evaluate potential candidates to determine their suitability for specific job roles.