Order the answer to: During the 1980s, the United States experienced “twin deficits” in

Order the answer to: During the 1980s, the United…

Question	During the 1980s, the United States experienced “twin deficits” in the current account and government budget. Since 1998, the U.S. current account deficit has grown steadily, along with rising government budget deficits. Do government budget deficits lead to current account deficits? Identify other possible sources of the current account deficits. Do current account deficits necessarily indicate problems in the economy?
Subject	business-economics

Question

During the 1980s, the United States experienced “twin deficits” in the current account and government budget. Since 1998, the U.S. current account deficit has grown steadily, along with rising government budget deficits. Do government budget deficits lead to current account deficits? Identify other possible sources of the current account deficits. Do current account deficits necessarily indicate problems in the economy?

Subject

business-economics

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