The growing federal budget deficit in the 1980s was accompanied by a

Name: The growing federal budget deficit in the 1980s was accompanied by a
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The growing federal budget deficit in the 1980s was accompanied by a growing trade deficit. As the government increased its borrowing to finance its spending, it put upward pressure on interest rates, leading to a higher demand for foreign capital, which in turn increased imports and widened the trade deficit.

The Growing Federal Budget Deficit in the 1980s Was Accompanied