Twin Deficits

The twin deficits concept refers to a country having both a trade deficit and a budget deficit at the same time. These videos explore the connection between the two deficits and the consequences on the nation's economy. The analysis uses the savings and investment identity introduced before.


Sources:

UMassEconomics, https://youtu.be/Iq_foSj1f3A 

Darin Bell, https://youtu.be/QBck7VRCtUw?list=PLdTrd415-oUf3DIlXo_KJBLs_MCIC5axG

Creative Commons License These works are licensed under a Creative Commons Attribution 3.0 License.

Last modified: Friday, May 21, 2021, 5:18 PM