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What Two Measures of Macroeconomic Activity Are Often Referred to as the "Twin

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What two measures of macroeconomic activity are often referred to as the "twin deficits"?

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Definitions:

Efficient Frontier

A set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return, used in modern portfolio theory.

Expected Return

The projected profitability of an investment over a given period.

Interest Rates

The expense associated with obtaining a loan, represented as a percentage of the total loan value, usually calculated on a yearly basis.

Short-Duration Bonds

Bonds with a relatively short time to maturity, typically less than five years, which are less sensitive to interest rate changes compared to longer-duration bonds.

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