Over the last twenty years, the U.S. has generally had a current account ________ and a capital account ________. A: surplus, surplus B: surplus, deficit C: deficit, surplus D: deficit, deficit

And we've actually been able to$2 million of the deficit, so we're down to about a $1 million deficit right now.

An increase in the government ________ reduces the government's ________. A: budget deficit; debt B: budget surplus; debt C: debt; budget deficit D: None of the above answers is correct.

Balance-of-payments accounts are national accounts that track both _________________ and _________________ foreigners. A: surplus to, deficit from B: receipts to, payments from C: deficit to, surplus from D: payments to, receipts from

If net taxes exceed government expenditures, the government sector has a budget ________ and government saving is ________. A: surplus; positive B: surplus; negative C: deficit; positive D: deficit; negative

‍An increase in the current account deficit will place ____ pressure on the home currency value, other things equal.‍ A: upward B: downward C: no D: upward or downward (depending on the size of the deficit

An increase in the government budget deficit will lead to a decrease in private investment.

An increase in the current account deficit will place _______<br/>pressure on the home currency value, other things equal. A: upward B: downward C: no D: upward<br/>or downward (depending on the size of the deficit)

Thus, congressional cuts to aid in the name of deficit reduction are an easy vote, but ______.

When a country faces a current account surplus, theoretically it also faces A: a services trade deficit B: a capital and financial account deficit C: a capital and financial account surplus D: a services trade surplus