The Last Year We Did Not Have a Deficit in Our

question 45

Multiple Choice

The last year we did not have a deficit in our current account was

• A)1960.
• B)1973.
• C)1986.
• D)1991.

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Definitions:

Steel Workers Organizing Committee

A group formed in the 1930s that aimed to unite steel workers for better wages, working conditions, and labor rights.

Tennessee Valley Authority

A federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the Great Depression.

Selling Electricity

The process of marketing and distributing electrical power to consumers, typically conducted by utility companies.

Federal Government

The central government of a federation, which holds the authoritative powers that are delegated to it by the constitution and is typically divided into executive, legislative, and judicial branches.