What Economic Term Represents the Large Amount of Foreign-Held Dollars

question 26

Multiple Choice

What economic term represents the large amount of foreign-held dollars resulting from past US balance-of-payments deficits?

• A)Dollar superfluity
• B)Dollar overhang
• C)Dollar glut
• D)Unaccounted dollars

---

Definitions:

Yearly

Relating to or happening every year; annual.

Borrow

The act of receiving something with the intention of returning it or its equivalent to the owner at a later date.

Preferred Stock

Preferred stock is a type of equity that typically gives its holders preference over common stockholders in terms of dividends and claims on assets in the event of liquidation, but usually does not carry voting rights.

Rate of Return

The financial outcome, whether positive or negative, on an investment over a set duration, highlighted as a percentage of the investment's initial expenditure.