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:

Deforestation

The process of clearing Earth's forests on a massive scale, often resulting in damage to the quality of the land.

New Ecological Paradigm

A perspective in environmental sociology that emphasizes the interconnectedness of human societies and the natural environment, advocating for sustainable living practices.

Conservationism

An environmental movement that aims to preserve, protect, and restore the natural environment, often through efforts to conserve natural resources and habitats.

Radical Environmentalism

An extreme movement that advocates for drastic changes to protect the environment, often focusing on direct action and confrontation.