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  3. Study Set
    Macroeconomics Policy and Practice
  4. Exam
    Exam 4: Saving and Investment in Closed and Open Economies
  5. Question
    The Concept of Twin Deficits Refers to ________
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The Concept of Twin Deficits Refers to ________

Question 3

Question 3

Multiple Choice

The concept of twin deficits refers to ________.


A) the phenomenon of simultaneous trade and government budget deficits
B) the phenomenon of simultaneous government and private budget deficits
C) the phenomenon of simultaneous state and federal budget deficits
D) all of the above
E) none of the above

Correct Answer:

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