If the USBudget Deficit Increased Substantially While Private Domestic Saving and Private

question 6

Multiple Choice

If the U.S.budget deficit increased substantially while private domestic saving and private domestic investment remained roughly the same, then

• A)the U.S. imported more than it exported
• B)the U.S. exported more than it imported
• C)the U.S. must have experienced a major recession
• D)there must have been a major drop in U.S. interest rates
• E)all of the above