The Term "Twin Deficits" Refers to a Situation in Which

question 72

Multiple Choice

The term "twin deficits" refers to a situation in which there exists

• A)a budget deficit as well as a current account deficit.
• B)a budget deficit as well as a capital account deficit.
• C)a budget deficit as well as a balance of payment deficit.
• D)a current account deficit as well as a capital account deficit.

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Definitions:

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

Mean

The mean is a measure of central tendency that calculates the average value of a set of numbers by dividing the sum of those numbers by their quantity.

Z Score

A statistical measure that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

Scores

Quantitative values assigned to individuals to represent or measure specific traits or outcomes.