Which of the Following Is True About the Occurrence of the Twin

question 223

Multiple Choice

Which of the following is true about the occurrence of the twin deficits?

• A)They always occur together.
• B)They only occur when exchange rates are fixed.
• C)They did not occur after 1990 in the United States.
• D)They occur consistently in all the economies of the world except the United States.

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Definitions:

John Rawls

A philosopher known for his work in political philosophy and his theory of justice as fairness, outlining principles of justice to structure society.

Justice Principles

Fundamental ideas about fairness that guide how benefits and burdens are distributed among members of a society.

Normative Approaches

Refers to theories that recommend what ought to be done based on a set of moral principles or criteria.