This topic contains a solution. Click here to go to the answer

Author Question: The current account deficits incurred by the United States in the 1990s and early 2000s were caused, ... (Read 196 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
The current account deficits incurred by the United States in the 1990s and early 2000s were caused, in the opinion of many economists, by
 
  A) federal budget deficits.
  B) a sharp decline in private saving.
  C) flight to quality as foreign investors favored U.S. investments.
  D) Both B and C are correct.

Question 2

During the twentieth century, the largest budget deficits as a percentage of GDP occurred
 
  A) during the 1980s. B) during the Vietnam war.
  C) during the 1990s. D) during World Wars I and II.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library