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:

Fair Value

The amount one would get from selling an asset or the cost to transfer a liability during a structured exchange between participants in the market.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Proportionately Adjusted Balance Sheet

A financial statement showing assets, liabilities, and equity after adjustments have been made to reflect a fair proportionate value based on ownership interests or specific conditions.

Inventory

The raw materials, work-in-process products, and finished goods that a company holds for the purpose of sale in the near future.