The term "twin deficits" refers to
A) government budget and trade deficits.
B) saving and investment deficits.
C) exports and imports deficits.
D) production and expenditure deficit.
A
Economics
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Which of the following is TRUE about a firm in monopolistic competition in the long run?
A) P = MC B) P = MR C) ATC = MC D) P = ATC E) MC = ATC
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Oligopolistic firms are the only ones that consider their rivals' actions when making decisions about output and price
a. True b. False
Economics