Author Question: The large budget deficits of the early 1990s resulted in large current account deficits. Indicate ... (Read 149 times)

kamilo84 · **on:** Jun 29, 2018

The large budget deficits of the early 1990s resulted in large current account deficits.

Indicate whether the statement is true or false

Question 2

During most of the years of the Great Depression, the actual federal budget was in ________, and the cyclically adjusted budget was in ________.

A) surplus; surplus B) deficit; deficit C) surplus; deficit D) deficit; surplus