The Large Current Account Deficits in Australia Mean That

question 130

Multiple Choice

The large current account deficits in Australia mean that:

• A)foreign investors accumulate more Australian assets than Australian investors accumulate foreign assets.
• B)private savings have been at historically high levels.
• C)foreign investors lack confidence in the strength of the Australian economy and the buying power of Australian consumers.
• D)there has been little or no foreign investment in Australia.

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Definitions:

Nutritional Deficiency

A state of inadequate intake or absorption of essential nutrients, leading to various health issues.

Prozac

A brand name for fluoxetine, a selective serotonin reuptake inhibitor (SSRI) used primarily to treat depression and anxiety disorders.

PO

An abbreviation used in medical prescriptions, standing for "per os," which means "by mouth" in Latin, indicating oral administration.

AM

A term indicating the time period from midnight to noon or used as a prefix in frequency modulation (Amplitude Modulation).