For many years, U.S. investment has exceeded savings and government expenditure has exceeded taxes
These imbalances (deficits) have been financed through international ________ by the United States as shown by the surplus on the balance of payments ________ account.
A) lending; current
B) borrowing; capital and financial
C) borrowing; official settlements
D) lending; official settlements
E) borrowing; current
B
You might also like to view...
In 2014, the price of peanuts was rising, which led peanut butter sellers and peanut butter buyers to expect the price of peanut butter would rise in the future. In the current market for peanut butter, the price rises and the quantity increases
This set of results means that A) demand increased by more than supply decreased. B) supply decreased by more than demand increased. C) demand increased by more than supply increased. D) supply decreased by more than demand decreased.
Refer to the above figure. The highest price that consumers would be willing to pay for quantity Q2 is
A) P2. B) P0. C) P1. D) cannot be determined from the diagram.
which of the following resulted from the smoot-hawley trade bill of 1930
What will be an ideal response?
The potential rewards that are available to an individual if a particular activity is undertaken are known as
A) greed. B) irrational thought processes. C) incentives. D) intrinsic values.