The Main Reason Our Current Account Deficit Is So Large

question 13

Multiple Choice

The main reason our current account deficit is so large is that

• A)we are running huge merchandise trade deficits.
• B)we are running huge federal budget deficits.
• C)we are allowing too much foreign investment in the United States.
• D)we are investing too much abroaD.

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Definitions:

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates.

Observational Learning

The process of acquiring skills, knowledge, or behavior by watching the actions or outcomes of others.

Vicarious Conditioning

A learning process in which an individual learns to respond in a certain way by observing others, who are called models, experiencing consequences for their behavior.

Throwing Salt

A superstitious act of throwing salt over one's shoulder to ward off evil or bring good luck.