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What does it mean when the current account is in a deficit? All of the following except: Select an answer and submit. For keyboard navigation,
What does it mean when the current account is in a deficit? All of the following except: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a people and businesses abroad prefer to keep their saving in the U.S. since they think it will earn a higher return b U.S. is importing more goods & services than exporting, net investment income is negative, and net unilateral transfers are negative c U.S. trade balance is negative and is not offset by the net investment income received and net unilateral transfers received d people and businesses abroad have lots of confidence in the future growth of their own economies. e people and businesses abroad are skeptical about their economy and its future potential
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