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Which Is the Most Accurate Statement

Question 158

Multiple Choice

Which is the most accurate statement?


A) We are living well beyond our means and we face an imminent financial crisis as foreigners refuse to accept U.S.dollars.
B) We cannot continue running huge current account deficits.
C) We can easily run up larger and larger current account deficits without any serious consequences.
D) Large and growing current account deficits are good for our economy.

Correct Answer:

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