The Large U.S. Current Account Deficit Implies That

question 60

Multiple Choice

The large U.S. current account deficit implies that

• A)U.S. interest rates are too high.
• B)the value of the dollar is too weak.
• C)dollar foreign currency reserves at Asian central banks are too low.
• D)the presidential administration desires to improve growth of overseas economies.
• E)the United States must rely on foreigners to be willing to invest in the United States.

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Definitions:

Organizations

Entities, often comprising groups of people, structured to achieve particular goals or perform specific functions.

Grapevine Information

Informal channels of communication within an organization, often based on rumored information or gossip, which can spread rapidly.

Introverts

Individuals who tend to be inward-turning, often focusing on internal thoughts and feelings rather than seeking external stimulation.

High Self-esteem

The positive valuation that one has of oneself, characterized by feelings of confidence and self-respect.