In the mid 1980s, the massive current account deficits were ...

[MirandaLo]

In the mid 1980s, the massive current account deficits were related to massive U.S. government budget deficits.
 
  Indicate whether the statement is true or false

Question 2

The development of countries like South Korea has been supported by all of the following EXCEPT
 
  A) high domestic interest rates.
  B) high domestic saving rates.
  C) large endowments of human capital.
  D) high levels of labor productivity.
  E) reduced government regulation.

[jaygar71]

Answer to Question 1

TRUE

Answer to Question 2

A