Explain how current account and budget deficit (twin deficit) are related so that changes in one are reflected in changes in the other .Explain. Explain how curent account and budget deficit (twin deficit) are related so thatchanges in one are reflected in changes in the other Explain.

The current account is the record of a country's imports (M) and exports of goods and services,…

Answered: Explain how current account and budget…

Explain how current account and budget deficit (twin deficit) are related so that changes in one are reflected in changes in the other .Explain.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Explain how current account and budget deficit (twin deficit) are related so that changes in one are reflected in changes in the other .Explain.

Explain how curent account and budget deficit (twin deficit) are related so that
changes in one are reflected in changes in the other Explain.

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