In the Mid 1980s,the Massive Current Account Deficits Were Related

question 34

True/False

In the mid 1980s,the massive current account deficits were related to massive U.S.government budget deficits.

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Definitions:

Impulsive

Acting on spontaneous desires and immediate gratification without consideration of the consequences.

Liberal

A political and social philosophy advocating for freedom of the individual, democratic forms of government, and the protection of civil liberties.

Activity

The state of being active, engaged, or involved in actions or tasks, often measured in studies of behavior or productivity.

Increases

A rise or growth in quantity, size, or number.