Persistent current account deficits for the United States have ...

[Destiiny22]

Persistent current account deficits for the United States have
 
  A) increased government budget deficits.
  B) decreased investment in new plant and equipment.
  C) slowed economic growth.
  D) None of the above are correct.

Question 2

If the federal budget has an actual budget deficit of 100 billion and a cyclically adjusted budget deficit of 75 billion, then the economy
 
  A) must be at potential real GDP. B) must be above potential real GDP.
  C) could be below or above potential real GDP. D) must be below potential real GDP.

[k2629]

Answer to Question 1

D

Answer to Question 2

D