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From the Mid 1980s to the Present,the United States

Question 21

Multiple Choice

From the mid 1980s to the present,the United States


A) had only a small current account deficit.
B) had a large capital account deficit,which in the balance of payments accounts was financed with a surplus in the current account,which in turn financed investment in excess of domestic saving.
C) has had a large current account deficit,which in the balance of payments accounts was financed with a surplus in the capital account,that in turn financed investment in excess of domestic saving.
D) None of the above

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