Which of the Following Is True About the Occurrence of the Twin

question 223

Multiple Choice

Which of the following is true about the occurrence of the twin deficits?

• A)They always occur together.
• B)They only occur when exchange rates are fixed.
• C)They did not occur after 1990 in the United States.
• D)They occur consistently in all the economies of the world except the United States.

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Definitions:

Bonus

An additional payment or reward given to employees as an incentive or reward for performance.

Partnership

A form of business organization where two or more individuals agree to share the profits and losses of a business venture.

Noncash Assets

Assets that cannot be easily converted into cash, such as equipment, real estate, and intellectual property.

Capital Balances

The sum of funds invested by owners in a business along with any accumulated profits or losses.