In the Twin Deficits Hypothesis,to Reduce a Current Account Deficit,a

question 11

Multiple Choice

In the twin deficits hypothesis,to reduce a current account deficit,a country has to:

• A) increase domestic investment
• B) reduce private saving
• C) reduce government budget deficit
• D) All of the above are correct

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Definitions:

Justice

A concept of moral rightness based on ethics, rationality, law, natural law, religion, equity, and fairness.

Kin-Ordered

A social organization system where relationships based on kinship play a central role in the structuring of society.

Unifying Factor

An element or characteristic that brings individuals or groups together, fostering cohesion or unity among them.

Ancestry

The lineage or descent of an individual, often tracing back through multiple generations.