The Problem of the "Twin Deficits" Refers to

The problem of the "twin deficits" refers to

A) an increase in private saving and a decrease in the capital account.
B) an increase in the government's budget deficit and an increase in private sector borrowing.
C) having both a government budget deficit and a deficit on the current account.
D) a decrease in domestic investment and an increase in the deficit on the capital account.
E) a decrease in the government's budget deficit.