Introduction to Economics 2 Deneme Sınavı Sorusu #349619

If public sector and balance of foreign tade gives budget deficit, it is called _______.


balanced deficit

 

double deficit

 

twin deficit

 

planned deficit

 

structural deficit


Yanıt Açıklaması:

In the macroeconomics literature, the term “twin deficits” refers to the economic environment in which the public sector gives budget deficit, and balance of foreign trade gives deficit at the same time.

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