In Order to Reduce Its Current?account Deficit, the United States

question 14

Multiple Choice

In order to reduce its current?account deficit, the United States must do which of the following?

• A) reduce the federal budget deficit
• B) lower national product relative to national spending
• C) reduce savings relative to domestic investment
• D) reduce the federal budget surplus

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Definitions:

Segregated Neighborhood

A community where housing and living conditions are largely divided based on racial, ethnic, or sometimes economic lines.

Whites

A racial classification often used to refer to individuals of European descent or those identified with light skin tones.

Asians

Refers to individuals from the Asian continent, encompassing a variety of cultures, languages, and ethnicities.

Levittown

One of the first majorly successful mass-produced suburban housing developments in the U.S., known for its affordable houses that facilitated the growth of the American middle class.