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:

Positive Force

An influence or factor that contributes to positive outcomes, improvements, or constructive changes within a person, group, or environment.

Sufficient Information

Adequate and necessary data or knowledge required to understand a situation or make an informed decision.

Competitive Salaries

Describes compensation that aligns or exceeds the market rate for similar roles within an industry, aimed at attracting and retaining top talent.

Limited Resources

The condition of having finite assets, materials, or time available to accomplish a set of goals or tasks.