The Phrase "Twin Deficits" Refers to

question 55

Multiple Choice

The phrase "twin deficits" refers to

• A) A country's trade deficit and its government budget deficit.
• B) The fact that if a country has a trade deficit, its trading partners must also have trade deficits.
• C) The equality of a country's saving deficit and its investment deficit.
• D) A country's trade deficit and its net capital outflow deficit.

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Definitions:

Recall

is a measure of memory in which a person must retrieve information learned earlier, as on a fill-in-the-blank test.

Godden And Baddeley

Psychologists known for their study on context-dependent memory, demonstrating how the environment where learning occurs can affect recall.

Visual Imagery

The mental visualization of scenes, objects, or events without their physical presence.

Mnemonics

Strategies to facilitate retention and later retrieval of information.