According to researchers at the Federal Reserve,the loss of jobs associated with a deficit in the current account tends to be:
A) Offset by the increase of jobs associated with a surplus in the capital account
B) Reinforced by the decrease of jobs associated with a surplus in the capital account
C) A threat to the level of employment for the economy as a whole
D) Of no long-run economic consequence for workers who lose their jobs

Question

Quizplus · Accepted Answer

The loss of jobs due to a current account deficit is often offset by a capital account surplus, as foreign investment can create new job opportunities.

According to Researchers at the Federal Reserve,the Loss of Jobs