A Current Account Deficit Exists When

question 322

Multiple Choice

A current account deficit exists when:

• A) the balance on the current account is negative.
• B) spending flowing out of the country is less than spending flowing into the country.
• C) net exports are positive.
• D) an economy buys less from foreigners than it sells to them.

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Definitions:

Lethargic

Characterized by laziness or a lack of energy and enthusiasm.

Negative Terms

These are terms that negate, deny, or specify the absence of something in a statement or proposition.

Negative Terms

Terms in a logical proposition that signify the absence or denial of something.

Inherently Negative Concepts

Ideas or terms that possess a negative quality or connotation by their very nature, without needing external context to be perceived as negative.