Multiple Choice
How did the global savings glut in the 2000s affect the U.S.current account balance?
A) It caused it to decline by increasing the value of the dollar.
B) It caused it to decline by reducing the value of the dollar.
C) It caused it to increase by increasing the value of the dollar.
D) It caused it to increase by reducing the value of the dollar.
Correct Answer:
Verified
Correct Answer:
Verified
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