Capital inflow from abroad into the United States since the late 1980s
A) covered almost all of the annual deficits of all levels of government.
B) covered almost all of the total accumulated debt of the government and thereby made us a creditor nation once again.
C) diminished as the current account swelled, so that most of the government deficit must be covered by private saving.
D) influenced interest rates in a way that has curbed domestic, private saving.
E) none of the above.
Correct Answer:
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