Which of the following statements is most accurate about the U.S. current account since the Great Recession (the period covering 2009-2015)?

Question

Quizplus · Accepted Answer

The U.S. current account deficit has indeed grown in absolute terms over the period from 2009 to 2015, but when measured as a percentage of the country's Gross Domestic Product (GDP), it has remained relatively stable. This indicates that while the nominal value of the deficit increased, the overall economic growth of the country kept pace, keeping the deficit proportionate to the size of the economy.

Which of the Following Statements Is Most Accurate About the U.S