The twin deficit identify suggests that there is a relationship between the government ‘s fiscal policy ( budget deficit or surplus) and the:
Question
Solution 1
The twin deficit hypothesis suggests that there is a relationship between a government's fiscal policy (budget deficit or surplus) and the country's balance of trade (trade deficit or surplus).
Here are the steps to understand this relationship:
- Fiscal Policy: This refers to the government's r Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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