Figure 19.2: Foreign Assets in the U.S

question 96

Essay

Figure 19.2: Foreign Assets in the U.S.
-Consider the figure above, which shows net exports (BOPCAA), the federal government's budget deficit (FYFSD), and net capital outflows (-BOPIA). Explain how these are related. Between 2008 and 2010, the budget deficit grew from about -$200 billion to over -$1.4 trillion (not shown). What impact will this have on the net exports?

---

Definitions:

Behaviors

The behaviors or responses of people or collectives when faced with outside or inside prompts.

Empowerment

The process of giving individuals or groups the power, authority, and resources to achieve their potential and influence decisions.

Manager

A role within organizations responsible for planning, leading, organizing, and controlling resources to achieve specific goals.

Authority

The recognized power or right of an individual or institution to make decisions, command respect, and enforce obedience.