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 204 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?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library