The Following Table Contains Hypothetical Data for the U

question 61

Multiple Choice

The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars. U.S.
Refer to the table above. The balance on the current account was a:

• A) $51 billion surplus
• B) $92 billion deficit
• C) $22 billion surplus
• D) $82 billion deficit

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Definitions:

Social Categorization

The process by which individuals classify others into groups based on shared characteristics, often to simplify social perception.

Authoritarianism

A governance or leadership style characterized by strong central power and limited political freedoms.

Realistic Conflict Theory

A theory suggesting that intergroup conflicts arise when groups are in competition for limited resources.

In-Group

A social group to which an individual feels they belong, often characterized by a strong sense of identity and loyalty.