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The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both ...
Nursing in the United States is a professional health care occupation. It is the largest such occupation, employing millions of certified professionals. As of 2023, 3,175,390 registered nurses were employed, paid a median income of $86,070. [1] Nurses are not doctors' assistants and practice nursing in a wide variety of specialties and departments.
Suicides reached record levels in the United States in 2022, with nearly 49,500 suicide deaths. Since 2011, around 540,000 people in the U.S. have died by suicide. [78] [79] Cumulative poverty of ten years or more is the fourth leading risk factor for mortality in the United States annually. [80] [81] [82] [83]
Nursing is a female-dominated profession in many countries; according to the WHO's 2020 State of the World's Nursing, approximately 90% of the nursing workforce is female. [52] For instance, the male-to-female ratio of nurses is approximately 1:19 in Canada and the United States. [53] [54] This ratio is matched in many other countries.
In economics, saving-investment balance or I-S balance is a balance of national savings and national investment, which is equal to current account. This relationship is obtained from the national income identity.
The current ratio divides current assets by current liabilities. For instance, Alphabet’s Q2 2024 balance sheet had $162.0 billion in current assets compared to $77.9 billion in current liabilities.
To summarize, in the U.S. in 2019, there was a private sector surplus of 4.4% GDP due to household savings exceeding business investment. There was also a current account deficit of 2.8% GDP, meaning the foreign sector was in surplus. By definition, there must therefore exist a government budget deficit of 7.2% GDP so all three net to zero.
In order to cure the Current account deficit in the economy, we need to increase the exports by a devaluation, that would, in turn, help in increasing the employment by creating more jobs. For Current account surplus , we would overvalue the currency so that the exports are diminished.