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Author Question: The current account deficits incurred by the United States in the 1990s and early 2000s were caused, ... (Read 217 times)

sheilaspns

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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.



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TheNamesImani

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Answer to Question 1

D

Answer to Question 2

D





 

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