Holding Other Factors Constant, Which of the Following Would Increase

question 80

Multiple Choice

Holding other factors constant, which of the following would increase the size of the U.S. current account deficit?

• A)sales of U.S. farm products in Europe
• B)visits by European tourists to the United States
• C)increasing travel by American college students in Europe
• D)both A and B of the above

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Definitions:

Medicaid

A government-funded program in the United States that provides health coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.

Medicare

A federal health insurance program in the United States primarily for people who are 65 or older, as well as for some younger people with disabilities.

Needs Meeting

The process or event where requirements or demands of individuals or groups are addressed and fulfilled.

Fragmentation

The process or state of breaking or being broken into small or separate parts, often leading to a lack of cohesion in areas such as policy or organization.