The Twin Deficits Refers to the Case When A

question 275

Multiple Choice

The twin deficits refers to the case when a:

• A) trade deficit leads to a capital account deficit.
• B) capital account deficit leads to a trade deficit.
• C) trade deficit leads to a federal government budget deficit.
• D) federal government budget deficit leads to a trade deficit.

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Definitions:

Population Means

The average value of a population parameter.

Sum of Squares

A statistical technique used to measure the variation or dispersion of a set of numbers, calculated by summing the squares of differences from the mean.

Sample Means

The average value of a set of observations, taken from a sample of the population.

Analysis of Variance

A statistical method used to compare the means of three or more samples to find out if at least one is significantly different from the others.